India's wheat exports rise to USD 872M in Apr-Oct period
Wheat
India
Published Jan 1, 2022
Tridge summary
India's wheat exports jumped to $872 million during the April-October period in the current fiscal on account of healthy demand, with Bangladesh emerging as the top destination, the commerce ministry said on Friday.
Original content
India's wheat exports jumped to $872 million during April-October period in the current fiscal on account of healthy demand, with Bangladesh emerging as the top destination, the commerce ministry said on Friday. In volume terms, wheat exports during the said period rose by more than 527 per cent to 3.2 Million Tonnes (MT) from 0.51 MT in the year-ago period. "India's wheat exports in the current fiscal (April – October) rose by 546 per cent to $872 million from $135 million reported during the same period of the previous fiscal," the ministry said. In the current fiscal, wheat exports are expected to achieve an all-time record high in volume terms, it added. India's wheat exports are mainly to neighbouring countries, with Bangladesh having the largest share of more than 54 per cent in both volume and value terms in FY21. Other major wheat export destinations include Nepal, United Arab Emirates, Sri Lanka, Yemen, Afghanistan, Qatar, Indonesia, Oman and Malaysia. These 10 countries ...
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