India: non-basmati rice turns out to be the highest agri-based export crop between April and December

Published 2021년 1월 31일

Tridge summary

Non-basmati rice has become the top earner in India's agricultural trade, with exports exceeding $3 billion from April to December of the current financial year. This is a significant increase from the previous year's $1.448 billion. Basmati rice exports also saw a growth, reaching $2.947 billion. Overall, agricultural exports, as estimated by the Agricultural and Processed Food Products Export Development Authority (APEDA), rose by 24% to $13.74 billion in the first nine months of the financial year. Wheat exports also saw a fourfold increase to $252 million. However, buffalo meat and guar gum exports saw a decrease of 5% and 66% respectively.

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Original content

As an item classification, non-basmati rice has surpassed basmati rice to rise as the top grosser in terms of India's agri-trade bushel, with shipments surpassing $3 billion in the current financial year's April to December period. For quite a while, basmati rice has been the most noteworthy netting crop among Indian agri-item exports. During the initial nine months of the current financial year, the gross exports of the commodity collection of the Agricultural and Processed Food Products Export Development Authority’s (APEDA) rose by almost a quarter to 13.74 billion dollars in the initial nine months of the current monetary year, contrasted with 11.58 billion dollars in the equivalent time period a year ago. Most recent APEDA estimates show that basmati exports remained at 3.38 million tons (2.84 million tons in a similar time a year ago) during April-December, assessed at $2.947 billion ($2.936 billion). Basmati exports rose 5% to around 22,038 crore (around 20,926 crore) in ...

Source: Krishi Jagran