India’s agricultural and processed food products export has risen by 14 percent in the first three months of the current FY 2022-23 (April-June) compared to the corresponding period of FY 2021-22, as per the Quick Estimates data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S).
The Government had set an export target of USD 23.56 billion for the agricultural and processed food products basket under APEDA, for the year 2022-23. Riding on the back of the initiatives taken by the Ministry of Commerce & Industry, 25 percent of the total annual export target has been achieved in the first three months of the current fiscal.
The overall export of products under the Agricultural and Processed Food Products Export Development Authority (APEDA) increased to USD 5987 million in April-June 2022 from USD 5256 million over the same period of the last fiscal. The export target for April-June 2022-23 was USD 5890 million. The APEDA basket excludes tea, coffee, spices, cotton and marine exports.
Export of fresh fruits & vegetables registered 8.6 percent growth, while processed food products like cereals and miscellaneous processed items reported a growth of 36.4 percent (April-June 2022-23) compared to the corresponding months of the previous year. In April-June, 2021, fresh fruits and vegetables were exported to the tune of USD 642 million which increased to USD 697 million in the corresponding months of the current fiscal. Other cereals’ exports increased from USD 237 million in April-June 2021 to USD 306 million in April-June 2022 and the export of meat, dairy and poultry products increased from USD 1023 million in April-June 2021 to USD 1120 million in April-June 2022.
Rice exports witnessed a growth of 13 percent in the first three months of FY 2022-23, while the export of meat, dairy & poultry products increased by 9.5 percent and the export of other cereals increased by 29 percent.
The Government has taken multiple initiatives to increase export of agricultural and processed food products, including organizing B2B exhibitions in different countries, exploring new potential markets through product-specific and general marketing campaigns by the active involvement of Indian Embassies, promoting products having registered geographical indications (GI) in India by through virtual Buyer Seller Meets on agricultural and food products with the United Arab Emirates and on GI products, including handicrafts with the USA.
The Government has also recognized 220 labs across India to provide testing services to ensure seamless quality certification of products to be exported.