ATM News Network: India's exports of agricultural and processed food products in the nine months of the current financial year (2022-23) have increased by 13 percent to USD 19.694 billion compared to the same period last year. These figures have been published by the Directorate General of Commercial Intelligence and Statistics of the Central Government. Apeda's total exports of products increased from $17.5 billion to $19.7 billion in April-December 2022.
Initiatives taken by the Agriculture and Processed Food Products Export Development Authority (Apeda), under the Ministry of Commerce and Industry, Government of India, have helped the country achieve 84 percent of its total export target for the year 2022-23.
Apeda has set an export target of USD 23.6 billion in agricultural and processed food products for the year 2022-23. But Apeda has already achieved exports of $19.694 billion in just nine months of the current financial year.
According to DGCIS data, processed fruits and vegetables registered a growth of 30.36 percent (April-December 2022). While fresh fruits and vegetables registered a growth of four percent compared to the same months last year.
Also processed food products such as cereals preparation and various processed foods recorded a growth of 24.35 percent compared to the first nine months of the previous year.
During April-December 2021, fresh fruits were exported at USD 1078 million. The same exports have increased to 1121 million dollars in the same months of the current financial year. Exports of processed fruits and vegetables rose to $1472 million from $1129 million in the nine months of the current financial year.
Exports of pulses have increased by 80.38 percent in the nine months of the current financial year. Because the export of lentil has increased from $242 million (April-December 2021-22) to $436 million (April-December 2022-23) compared to the same months of last financial year.
Basmati rice exports have increased by 40.26 percent in the nine months of the financial year 2022-23. Basmati rice exports have increased from $2379 million (April-December 2021) to $3337 million (April-December 2022). Non-basmati exports registered a growth of 4 percent in the nine months of the current financial year. Non-basmati rice exports have reached $4663 million in the nine months of the current financial year. Which was equal to 4512 million dollars in the corresponding months of the previous year.
During the nine months of the current financial year, the export of poultry products has registered a growth of 91.70 percent, while the export of other grains has registered a growth of 13.64 percent. Exports of poultry products have reached $95 million in the nine months of the current financial year. Which was 50 million dollars in the same months of the previous year.
Similarly, milk products have registered a growth of 19.45 percent. Exports of these items have reached $471 million in April-December 2022. Exports in the same month last year stood at $395 million.
During the nine months of the current financial year, wheat exports have registered a growth of 4 percent. Wheat exports increased from $1452 million in April-December 2021 to $1508 million in April-December 2022.
Exports of other cereals increased from $764 million in April-December 2021 to $869 million in April-December 2022. Exports of milled products increased from $188 million in April-December 2021 to $255 million in April-December 2021. There has been a 35.71 percent increase in nine months.
APEDA President M Angmuthu said, 'We are engaging with all stakeholders like farmers, exporters, processors and the Indian Mission to ensure that quality and high value agricultural and processed food products are exported from the country. '
Apeda facilitated 10 wine exporters to participate in the London Wine Fair to be held from 7 to 9 June 2022 to promote Indian wine exports.
Apeda has accredited 220 laboratories across India to provide testing services to a wide range of products and exporters to ensure quality certification of products being exported.
(Except for the headline, this story has not been edited by ATM staff and is published from a web feed.)