India's agricultural and processed food products export witnessed a remarkable 25% increase in Q2 of 2022-23, reaching USD 13,771 million. Fruits & vegetables, cereals, livestock, and processed foods experienced significant export growth, positioning India as a prominent player in the global agricultural market. APEDA has set an ambitious export target of USD 23.56 billion for the fiscal year 2022-23, with a staggering USD 13.77 billion already achieved in the first six months.
The blog explores key highlights and insights from the market analysis, showcasing India's booming agricultural exports in 2022-23.
Fruits & vegetables, cereals, livestock, and processed foods witnessed notable export growth this fiscal.
Processed fruits & vegetables saw a remarkable 42% increase in the current fiscal compared to the previous year.
APEDA set an export target of USD 23.56 billion for 2022-23, with USD 13.77 billion already achieved in six months.
Processed fruits and vegetables recorded a significant 42.42% growth (April-September 2022).
Fresh fruits registered a 4% growth compared to the corresponding months of the previous year.
Processed food products like cereals and miscellaneous items grew by 29.36% in the first six months.
Fresh fruits' exports increased from USD 301 million to USD 313 million (April-September 2021-22 to 2022-23).
Processed F&V exports jumped from USD 719 million to USD 1024 million in the current fiscal.
Pulses exports surged by 144% in Q2 of the current fiscal.
Basmati Rice exports grew by 37.36%, reaching USD 2280 million (April-September 2022).
Non-Basmati rice exports increased by 8%, totaling USD 3207 million in six months.
Meat, dairy & poultry product exports rose by 10.29%.
Other cereals recorded a growth of 12.29% in the first six months.
Poultry products alone registered an impressive 83% growth, reaching USD 57 million in the current fiscal.
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