India's agriculture exports cross $50 billion mark for first time
2 years, 9 months ago

India's agriculture exports cross $50 billion mark for first time

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As per the provisional figures, agricultural exports rose to USD 50.21 billion in 2021-22, which is 19.92 per cent higher compared to the previous year New Delhi: Exports of agricultural products crossed the USD 50 billion mark for the first time during the financial year 2021-22 on the back of healthy growth in the exports of sugar, rice, wheat and other cereals, government data showed on Wednesday. As per the provisional figures released by the Directorate General of Commercial Intelligence and Statistics, agricultural exports rose to USD 50.21 billion in 2021-22, which is 19.92 per cent higher compared to the previous year. The export of marine products, at USD 7.71 billion, is also the highest ever, benefitting farmers in the coastal states of West Bengal, Andhra Pradesh, Odisha, Tamil Nadu, Kerala, Maharashtra and Gujarat. Despite facing tremendous supply-side issues, coffee exports have crossed USD 1 billion for the first time, which has improved realisations for coffee growers in Karnataka, Kerala and Tamil Nadu.

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