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Indian fruit & vegetable exports dipIndian fresh fruits and vegetables export revenues have slumped by 15 % during April-November 2017. And in this dip the substantial drop in the export of pulses and wheat hasn’t even been accounted for.
Low demand and supply of onions, tomatoes, bananas and raisins to the top exporting markets was the major contributing factor, said the Agricultural and Processed Food Products Export Development Authority.
During the period, the value of fresh fruits and vegetables was 54.16 billion rupees (more than 682 million euros), a drop of 15% when compared to the corresponding period in 2016.
The increase in the Minimum Export Price (MEP) of onions to $850 (685 euros) per tonne in the wake of low production has led to the decline in the export. According to the economictimes.indiatimes.com website, overall, in terms of volume, vegetable exports declined to 1.60 million tonnes during April-November 2017 from 2.28 million tonnes during the same period in the previous year.
Publication date: 1/29/2018
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