India’s agri exports to US increased 15% in July 2020: TPCI

Published 2020년 10월 9일

Tridge summary

Indian agricultural exports to the US saw a 15% increase in July 2020 compared to the same period last year, with rice, spices, and vegetables being the main exports. US exports to India, however, decreased by 56%. This growth is due to a surge in demand for Indian agricultural products, especially rice, and is expected to continue despite the pandemic. The Trade Promotion Council of India's constant engagement with buyers and suppliers has also contributed to this growth. However, a current issue is the unavailability of containers, preventing timely supply of food products.

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Original content

Indian agricultural exports to US in the month of July 2020 grew by 15 percent compared to last year’s same period while the US agricultural exports to India declined 56 percent, as per the data of Office of USTR and confirmed from USDA GATS System. Speaking on the growth in agricultural exports to US for July month, Mohit Singla, Chairman, Trade Promotion Council of India (TPCI) said, “There is surge in demand of Indian rice, spices and vegetables including essential oils, soybean meal, cake and some extracts for medical use.” “Food and agri products of India have been seeing sustained surge in demand during the pandemic time. The surge in demand over the impact of the crisis on overall agricultural exports reflects the fact that demand for food is relatively sustainable, and that marine transportation used for most agricultural products has not been significantly disrupted due to pandemic”, Chairman added. Singla also highlighted that, “TPCI’s constant engagement with buyers and ...

Source: Agriculture Post