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India’s exports of agricultural products and processed foods have grown steadily over the past decade

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Exports of agricultural and processed food products under the basket of the Authority for the Development of Exports of Agricultural and Processed Food Products (APEDA) reached $ 20,674 million ( ??15.30.50 crore) in 2020-2021, from $ 17,321 million ( ??83,484 crore) in 2011-12, according to data from the Directorate General of Business Intelligence and Statistics (DGCI & S).

Non-basmati rice has emerged as India’s main export commodity among the many exports of agricultural and processed food products in the APEDA basket, contributing almost a quarter of total exports in 2020-2021.

The top three products in APEDA’s export basket in 2020-21 were non-basmati rice (23.22% share), basmati rice (19.44%) and buffalo meat (15.34% ) and these products together represent 58% of total shipments.

India’s exports of non-basmati rice were valued at $ 4,799.91 million ( ??35,477 crore) in 2020-2021, with basmati rice exports coming just behind at $ 4,018.71 million ( ??29,850 crore), followed by buffalo meat exports at $ 3,171.19 million ( ??23,460 crores).

Benin, Nepal, Bangladesh, Senegal and Togo were the main importers of non-basmati rice from India in 2020-21. The main export destinations for basmati rice in 2020-21 were Saudi Arabia, Iran, Iraq, Yemen and the United Arab Emirates. For buffalo meat exports, the main importing countries were Hong Kong, Vietnam, Malaysia, Egypt and Indonesia.

“We continue to focus on building infrastructure to boost exports by focusing on clusters in collaboration with state governments while taking into account the 2018 agricultural export policy target,” said Mr. Angamuthu, President of APEDA.

APEDA has worked with state governments to implement agricultural export policy. Maharashtra, UP, Kerala, Nagaland, Tamil Nadu, Assam, Punjab, Karnataka, Gujarat, Rajasthan, Andhra Pradesh, Telangana, Manipur, Sikkim, Uttarakhand, MP, Mizoram and Meghalaya have finalized the state specific action plan for exports while the action plans of other states are at different stages of finalization.

According to data from the World Trade Organization (WTO), India’s agricultural exports reached $ 37,371 million in 2019 from $ 2,106 million in 2010, recording a compound annual growth rate (CAGR) of 5.49% over the past ten years. The CAGR of world agricultural exports was 3.11% between 2010 and 2019.

India’s share in world agricultural exports stood at 2.1% in 2019, up from 1.71% in 2010. However, India’s rank in world agricultural exports fell to 16 in 2019, against 17 in 2010, according to data published by the World Trade Organization (WTO).

In terms of the share of the top ten products exported in the APEDA basket, there has not been much change over the past decade, although India’s exports have reached more countries across the country. world. The top ten APEDA exports in terms of share in 2020-21 were non-basmati rice (23.22%), basmati rice (19.44%), buffalo meat (15.34%), various preparations (3.84%), peanuts (3.52%), cereals preparations (3.08%), corn (3.07%), wheat (2.66%), processed vegetables (2.43 %), processed fruits, juices and nuts (2.07%) and cashews (2.03%).

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