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Agri, processed food products exports up 44.3%
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SME Times News Bureau | 20 Aug, 2021
India's agricultural and processed food products exports rose 44.3 per
cent, on a year-on-year basis, during the first quarter of the current
fiscal.
According to the 'Quick Estimates' released by the
Directorate General of Commercial Intelligence and Statistics
(DGCI&S), the overall export of APEDA (Agricultural and Processed
Food Products Export Development Authority) products has witnessed 44.3
per cent growth during April-June 2021 over the same period of previous
year.
"The overall export of APEDA products increased from $3,338.5 million in April-June 2020 to $4,817.9 million in April-June 2021.
"The
huge jump in exports of agricultural and processed food products during
the first three months of current fiscal, is in continuation of growth
in exports witnessed in the financial year 2020-21," it said.
As
per the 'Quick Estimates', the exports of fresh fruits and vegetables
registered a 9.1 per cent growth, while shipment of processed food
products like cereals preparations and miscellaneous processed items
reported a growth of 69.6 per cent.
"In April-June, 2020-21,
fresh fruits and vegetables were exported to the tune of $584.5 million
which rose to $637.7 million in April-June 2021-22."
Besides,
India reported a huge 415.5 per cent jump in export of other cereals
while the export of meat, dairy and poultry products witnessed an
increase of 111.5 per cent in the first three months of the current
fiscal (2021-22).
"The export of other cereals increased from
$44.9 million in April-June 2020 to $231.4 million in April-June 2021
and the export of meat, dairy and poultry products increased from $483.5
million in April-June 2020 to $1,022.5 million in April-June 2021."
"The
export of rice, which recorded a positive growth of 25.3 percent,
increased from $1,914.5 million in April-June 2020 to $2,398.5 million
in April-June 2021."
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
|
84.65 |
Euro
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78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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