Non-basmati rice exports doubled to Rs 22,856 crore during April-December 2020-21

11 Feb 2021 Evaluate

The commerce ministry said exports of non-basmati rice more than doubled to Rs 22,856 crore during April-December 2020-21 as against Rs 10,268 crore in the same period of the previous year. The exports of non-basmati witnessed a growth of 122.61 per cent in Rupee term and 111.81 per cent Dollar terms.

India exports non-basmati rice to markets like Nepal, Benin, United Arab Emirates, Somalia, Guinea, US and many other countries in Asia and Europe. The export of basmati rice increased to $2.947 billion as against $2.936 billion reported during the same period of the previous year. Major destinations for Indian basmati rice exports include Iran, Saudi Arabia, Iraq, United Arab Emirates, Kuwait and European countries.

Wheat exports rose to Rs 1,870 crore as compared to Rs 336 crore during April-December 2019. The key exports destination for wheat include Nepal, Bangladesh and United Arab Emirates. Similarly, exports of cereals rose to Rs 49,832 crore during April-December 2020-21 from Rs 32,591 crore reported during the same period of 2019-20.

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.