India‘s agricultural and processed food exports increased by 13% to USD 19.69 billion from April through December of this fiscal year, according to data released on Thursday by the commerce ministry.
“For 2022-23, an export target of USD 23.6 billion has been fixed by the Agricultural and Processed Food Products Export Development Authority (APEDA) that works under the ministry,” it said.
From April to December, basmati rice exports climbed by 40.26% to USD 3.33 billion. Shipments of non-Basmati rice increased by 3.35 percent to USD 4.66 billion during that time.
But during the first nine months of current fiscal year, exports of meat, dairy, and poultry goods fell by 0.68 percent to USD 3 billion.
“Wheat export has registered an increase of 4 percent in nine months of the current fiscal as its export rose to USD 1508 million in April-December 2022 from USD 1452 million in April-December 2021,” it added.