India Records Close to 15% Rise in Export of Agricultural and Processed
Food Products in April-October
·
APEDA Exports up by 14.7% to $11.6 bn in first seven months of current FY from $10.1 bn over corresponding period last FY
·
Rice makes up about half of APEDA Exports
Basket, Export of Cereals (other than rice) nearly Doubles
In a major boost to export prospects of agricultural produce,
India registered a significant surge in export of agricultural and processed food
products in April-October period of current Financial Year, 2021-22, in comparison
to the corresponding seven month period of last fiscal, 2020-21.
According to the Quick Estimates released by the Directorate
General of Commercial Intelligence and Statistics (DGCI&S), the overall export
of Agricultural and Processed Food Products Export Development Authority (APEDA)
products witnessed 14.7 percent growth in terms of USD during April-October 2021
over the same period of the previous year.
The overall export of APEDA products increased from USD 10,157
million in April-October 2020 to USD 11,651million in April-October 2021.
This rise in exports has been achieved notwithstanding COVID-19
restrictions. The significant rise in agri-exports is
seen as a testimony of the government’s commitment to increase farmers’ income through
giving thrust on boosting exports of agricultural and processed food products of
the country.
The significant jump in exports of agricultural and processed
food products during the first seven months of current fiscal is in continuation
of growth in exports witnessed in the financial year 2020-21.
The export of rice, which recorded a positive growth of 10.5
percent, increased from USD 4777.35 million in April-October 2020 to USD 5278.95
million in April-October 2021.
As per the Quick Estimates, the exports of fresh fruits &
vegetables registered a 11.6 percent growth in terms of
USD, while shipment of processed food products like cereals preparations and miscellaneous
processed items reported a growth of 29 percent. In April-October 2020-21, fresh
fruits and vegetables were exported to the tune of USD 1374.59 million which rose
to USD 1534.05 million in April-October 2021-22.
India reported a significant 85.4 percent jump in export of
other cereals while the export of meat, dairy & poultry products witnessed an
increase 15.6 percent in the first seven months of the current fiscal (2021-22).
The export of other cereals increased from USD 274.98 million
in April-October 2020 to USD 509.77 million in April-October 2021 and the export
of meat, dairy and poultry products increased from USD 1978.6 million in April-October
2020 to USD 2286.32 million in April-October 2021.
The cashew export witnessed a growth of 29.2 percent in April-October
2021 as the export of cashew rose from USD 205.29 million in April-October 2020
to USD 265.27 million in April-October 2021.
The initiatives taken by APEDA, which functions under the
Ministry of Commerce, has helped the country achieve this milestone at a time when
most of the business activities suffered a huge setback due to the restrictions
imposed after the outbreak of second wave of the COVID19 pandemic.
“We continue to focus on creating infrastructure for exports
from eastern, north-eastern regions and hilly states, where infrastructure was earlier
not adequate,” said Dr M Angamuthu,
Chairman, APEDA.
The rise in export of agricultural and processed food products
is because of APEDA’s various initiatives taken for the export promotion of agricultural
and processed food products such as organizing B2B exhibitions in different countries,
exploring new potential markets through product specific and general marketing campaigns
by active involvement of Indian Embassies.
The APEDA has also taken several initiatives to promote products
having registered geographical indications (GI) in India by organizing virtual Buyer
Seller Meets on agricultural and food products with UAE and on GI products, including
handicrafts with USA. APEDA is continuing with the initiative of conducting Virtual
Buyer Seller Meets (VBSM) with potential importing Countries to popularize the GI
products of major agricultural commodities exported.
In order to ensure seamless quality certification of products
to be exported, APEDA has recognized 220 labs across India to provide services of
testing to a wide range of products and exporters.
APEDA also assists in upgradation and strengthening of recognized
laboratories for export testing and residue monitoring plans. APEDA also provides
assistance under the financial assistance schemes of infrastructure development,
quality improvement and market development for boosting export of agricultural products.
APEDA organizes participation of exporters in the International
Trade Fairs, which provides a platform to the exporters to market their food products
in the global marketplace. APEDA also organizes National events like AAHAR, Organic
World Congress, BioFach India
etc. to promote agri-exports.
APEDA also initiates registration of pack-houses for horticulture
products for meeting the quality requirements of the international market. Registration
of exports units for peanut shelling and grading and processing units, for instance
is to ensure quality adherence for the EU and non EU countries.
APEDA carries out registration of meat processing plants and
abattoirs for ensuring compliance with the global food safety and quality requirements.
Another key initiative includes development and implementation of traceability systems
which ensure the food safety and quality compliances of the importing countries.
For boosting exports, APEDA compiles and disseminates various international trade
analytical information, market access information amongst exporters and address
trade enquiries.
India's Export
Comparative Statement: APEDA Products
|
Product Head |
April-October, 2020-21 |
April-October, 2021-22 |
% Change (April-October,2021) |
||
|
|
Rs. Crore |
USD Million |
Rs. Crore |
USD Million |
USD |
|
Fruits & Vegetables |
10300.11 |
1374.59 |
11367.76 |
1534.05 |
11.6 |
|
Cereal preparations & Miscellaneous processed items |
7262 |
972.71 |
9293.89 |
1254.71 |
29.0 |
|
Meat, dairy & poultry products |
14748.51 |
1978.6 |
16933.47 |
2286.32 |
15.6 |
|
Rice |
35753.96 |
4777.35 |
39096.62 |
5278.95 |
10.5 |
|
Other cereals |
2046.08 |
274.98 |
3773.07 |
509.77 |
85.4 |
|
Cashew |
1535.23 |
205.29 |
1966.41 |
265.27 |
29.2 |
|
Oil Meals |
4277.89 |
573.14 |
3867.43 |
522.31 |
-8.9 |
|
Total |
75924 |
10157 |
86299 |
11651 |
14.7 |
Source: DGCIS, Quick Estimates for April-October, 2021