Q1 farm exports up 44% at $4.8-billion

Making on last year’s strong progress, exports of agri-products beneath the portfolio of Agricultural and

Making on last year’s strong progress, exports of agri-products beneath the portfolio of Agricultural and Processed Foodstuff Export Advancement Authority (APEDA) registered a forty four for every cent improve in the initial quarter of present-day money calendar year on greater abroad need. This is notwithstanding difficulties these as the offer chain issues triggered by the Covid 2nd wave induced lockdown for the duration of April and May possibly throughout the state and greater freight rates.

According to speedy estimates, exports of farm products monitored by the APEDA touched $four.817 billion for the duration of April-June 2021 compared with $3.338 billion in the same interval a calendar year in the past.

Shipments of rice — basmati and non-basmati — grew 25 for every cent at $2.398 billion towards $1.914 billion in the calendar year-in the past interval . Rice is the greatest merchandise in APEDA’s portfolio. Information of the rice volumes delivered for the duration of the quarter have been not readily available, even though need continues to be strong for the cereal.

 

Cereals and livestock

Other cereals, such as wheat and maize, registered a whopping 415 for every cent improve for the duration of the quarter. Exports of other cereals stood at $235.3 million compared with $forty four.nine million in the initial quarter last calendar year, APEDA explained.

Exports of livestock products, such as meat, dairy and poultry, acquired 111.5 for every cent for the duration of the quarter topping the $1-billion mark.

The value of livestock products for the duration of the quarter stood at $1.022 billion compared with $483.3 billion in the calendar year-in the past interval. Cereal preparations and miscellaneous processed products registered 69.six for every cent progress to exceed the half a billion mark for the duration of the critique interval. Exports of cereal planning and other processed objects stood at $527.7 million towards $311.1 million.

Fruits and veggies

Fruits and vegetable exports greater by nine.1 for every cent to $637 million in the initial quarter compared with $584.5 million in the same interval a calendar year in the past.

In the course of the last fiscal, exports of APEDA products greater by 25 for every cent to $19.96 billion on strong progress in shipments of products these as rice and wheat.