Export of agricultural and processed food products witnesses 25% growth in April-September 2022

The Directorate General of Commercial Intelligence and Statistics (DGCI&S) in its provisional data has showed that the overall export of agricultural and processed food products has witnessed a growth of 25% during April-September 2022 over the same period last year. The overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to $13771 million in April-September 2022 from $11056 million over the same period of the last fiscal year. The initiatives taken by the Ministry of Commerce and Industry through APEDA have helped the country achieve 58% of its total export target for the year 2022-23 within six months of the current fiscal. For the year 2022-23, an export target of $23.56 billion has been fixed by APEDA for the agricultural and processed food products basket and an export of $13.77 billion has already been achieved in these six months of the current fiscal.

As per the DGCI&S provisional data, processed fruits and vegetables recorded a significant growth of 42.42% (April-September 2022), while fresh fruits registered 4% growth as opposed to corresponding months of the previous year. Also, processed food products like cereals and miscellaneous processed items reported a growth of 29.36% compared to the first six months of the previous year. In April-September, 2021, fresh fruits were exported to the tune of $301 million which increased to $313 million in the corresponding months of the current fiscal. Exports of processed F&V jumped to $1024 million in six months of the current fiscal from $719 million in the corresponding months of the previous year. The export of pulses has witnessed an increase of 144% in Q2 of the current fiscal in comparison to the corresponding months of the last fiscal as the export of lentils increased from $135 million (April-September 2021-22) to $330 million (April-September 2022-23).

Basmati Rice exports witnessed a growth of 37.36% in six months of FY 2022-23 as its export increased from $1660 million (April-September 2021) to $2280 million (April-September 2022), while the export of non-Basmati rice registered a growth of 8% in Q2 of current fiscal. Its export increased to $3207 million in six months of the current fiscal from $2969 million in the corresponding months of the previous year. The export of meat, dairy & poultry products increased by 10.29% and the export of other cereals recorded a growth of 12.29% in six months of the current fiscal. The poultry products alone registered a growth of 83% as its export rose to $57 million within the half-year bracket of the current fiscal from $31 million recorded for the corresponding months of the previous year.

Similarly, dairy products recorded a growth of 58% as its export rose to $342 million in Q2 of the current fiscal from $216 million in Q2 of the previous year. Wheat export registered an increase of 136% in Q2 of the current fiscal. Wheat export rose to $1487 million in April-September 2022 from $630 million in April-September 2021. Other cereals’ export increased from $467 million in April-September 2021 to $525 million in April-September 2022 and the export of livestock products increased from $1903 million in April-September 2021 to $2099 million in April-September 2022.