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Exports of agricultural and processed food products rise 31% to $7408 million in April-June period of FY23
Aug-08-2022

The Directorate General of Commercial Intelligence and Statistics (DGCI&S) in its provisional data has showed that the exports of agricultural and processed food products continued growth trend and rose by 31 percent to $7408 million in the first three months (April-June) of the current Financial Year 2022-23 (FY23) as compared to $5663 million in the corresponding period of FY 2021-22. The growth was driven by various initiatives taken by Processed Food Products Export Development Authority (APEDA). The export target for April-June 2022-23 was fixed at $5890 million. For the year 2022-23, an export target of $23.56 billion has been fixed by APEDA for the agricultural and processed food products basket.

As per the DGCI&S provisional data, in April-June, 2021, fresh fruits and vegetables were exported to the tune of $394 million that increased to $409 million in the corresponding months of the current fiscal,  growth of around 4 percent. Exports of processed F&V jumped to $490 million in Q1 of the current fiscal from $307 million in the corresponding months of the previous year, recorded significant growth of 59.71 percent.

Basmati Rice exports witnessed a growth of 25.54 percent in the first three months of FY 2022-23 as its export increased from $922 million (April-June 2021) to $1157 million (April-June 2022), while the export of non-Basmati rice registered a growth of 5 percent in Q1 of current fiscal. Non-basmati rice export increased to $1566 million in the first three months of the current fiscal from $1491 million in the corresponding months of the previous year.

The export of meat, dairy & poultry products increased by 9.5 percent and the export of other cereals recorded a growth of 29 percent in Q1 of the current fiscal. The dairy products alone recorded a growth of 67.15 percent as its export rose to $191 million in the first three months of the current fiscal from $114 million in corresponding months of the previous year. Other cereals’ export increased from $237 million in April-June 2021 to $306 million in April-June 2022 and the export of livestock products increased from $1022 million in April-June 2021 to $1120 million in April-June 2022.
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