According to the recent provisional statement from the Agricultural and Processed Food Products Export Development Authority (APEDA), India’s agri exports are off to a good start in the current financial year. Shipments during April registered a growth of 11.4 per cent (Rs 10,312 crore) and 9.5 per cent in dollar terms at $1,571 million over the corresponding period the previous year.
Exports of rice, the largest commodity in India’s agri basket, rose 12 per cent in volume to 9.89 lakh tonnes on good demand for the non-basmati varieties. Similarly, the shipments of buffalo meat jumped 11 per cent to 95,296 tonnes. Shipments of pulses and dairy products also registered an increase during April, according to the Authority.
However, export of products like guar gum, wheat, fresh vegetables and fruits receded and registered a negative growth for the period. Guar gum exports were down by over a fourth to around 40,405 tonnes while wheat shipments slipped drastically by 70 per cent to 11,838 tonnes, data showed