The center will focus on working with key stakeholders in the agricultural export value chain to support growth: APEDA

Fruits and vegetables

Continuing the trend of the previous year, exports of agricultural products and processed food products increased by 14% in the first three months of the current financial year 2022-23 (April-June) compared to the same period. of the 2021-22 financial year.

Under APEDA, the government has set an export target of USD 23.56 billion for the agricultural and processed food basket for the fiscal year 2022-23. The initiatives of the Ministry of Trade and Industry have helped the country achieve 25% of its total annual export target in the first three months of the current fiscal year.

According to rapid estimates data from the Directorate General of Trade Intelligence and Statistics (DGCI&S), overall exports of products falling under APEDA (Processed Food and Agricultural Products Export Development Authority) fell from 5,256 million USD to 5,987 million USD in April-June 2022. the previous financial year. The target for exports from April to June 2022-23 was USD 5,890 million. Tea, coffee, spices, cotton and maritime exports are not included in the APEDA basket.

Exports of fresh fruits and vegetables increased by 8.6%, while processed food products such as cereals and various processed products increased by 36.4% (April-June 2022-23) compared to the same months of the previous year.

Fresh fruits and vegetables were exported at USD 642 million in April-June 2021, rising to USD 697 million in the corresponding months of the current fiscal year. Exports of other cereals increased from USD 237 million in April-June 2021 to USD 306 million in April-June 2022, while meat, dairy and poultry exports increased from USD 1023 million in April-June 2021 at 1120 million USD in April. -June 2022.

Rice exports increased by 13% in the first three months of the 2022-23 financial year, while meat, dairy and poultry exports increased by 9.5% and exports of other cereals increased by 29%. Rice exports increased from USD 2412 million in April-June 2021 to USD 2723 million in April-June 2022.

In the first three months of the current fiscal year, dairy products were exported to the tune of 1,120 million dollars, compared to 1 million in the same period last year.

“We continue to provide technical and financial assistance to various actors in agricultural commodity value chains to increase exports of the country’s unique products.” Our aim is to support the growth of Indian exports of agricultural and processed products in the current financial year by creating a necessary export ecosystem and collaborating with key stakeholders in the agricultural export value chains,” said Mr. Angamuthu, President of APEDA.

India’s agricultural exports grew by 19.92% in 2021-22, reaching USD 50.21 billion. The growth rate is remarkable as it exceeds the 17.66% growth rate of $41.87 billion achieved in 2020-21, despite unprecedented logistical challenges such as high freight rates and container shortages, among others.

The increase in exports of processed agricultural and food products is the result of the various initiatives of the government for the promotion of exports of processed agricultural and food products, such as the organization of B2B exhibitions in different countries and the exploration of new markets. potentials through specific and general marketing campaigns with the participation of Indian embassies.

The government has also taken several initiatives to promote products with registered geographical indications (GIs) in India, including virtual buyer and seller meetings on agricultural and food products with UAE and GI products, including including handicrafts, with the United States. The government has recognized 220 laboratories across India to provide testing services to a wide range of products and exporters to ensure transparent quality certification of products for export.

First published on: July 17, 2022, 08:55 IST

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