India’s export of agricultural and allied products in 2020-21 grew by 17.34 per cent to USD 41.25 billion. A top government official said last week that this momentum is expected to be sustained in the current fiscal as well. Commerce Secretary Anup Wadhawan said huge growth has been seen in the export of cereals, non-basmati rice, wheat, millets, maize and other coarse grains.
The largest markets for India’s agricultural products are the US, China, Bangladesh, UAE, Vietnam, Saudi Arabia, Indonesia, Nepal, Iran and Malaysia. He also informed that exports have taken place from several clusters for the first time, for instance, the export of fresh vegetables and mangoes from Varanasi, and black Rice from Chandauli.
Exports of only agricultural products (excluding marine and plantation products) increased by 28.36 per cent to USD 29.81 billion in 2020-21 as compared to USD 23.23 billion in 2019-20.