India's agricultural products export rise 25% to $13,771 million in Q2FY23

3 Nov 2022 , 08:31 AM

Exports of agricultural and processed food products climbed by 25% within six months of the current Financial Year 2022-23 (April-September) in comparison to the corresponding period of FY 2021-22.

According to the provisional data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of agricultural and processed food products has witnessed a growth of 25% in USD during April-September 2022.

Accordingly, the overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to USD 13771 million in April-September 2022 from USD 11056 million over the same period of the last fiscal year.

The initiatives taken by the Ministry of Commerce and Industry through APEDA have helped the country achieve 58% of its total export target for the year 2022-23 within six months of the current fiscal.

For the year 2022-23, an export target of USD 23.56 billion has been fixed by APEDA for the agricultural and processed food products basket and an export of USD 13.77 billion has already been achieved in these six months of the current fiscal.

As per the DGCI&S provisional data, processed fruits and vegetables recorded a significant growth of 42.42% (April-September 2022), while fresh fruits registered 4% growth as opposed to corresponding months of the previous year.

Also, processed food products like cereals and miscellaneous processed items reported a growth of 29.36% compared to the first six months of the previous year.

To ensure seamless quality certification of products to be exported, APEDA has recognized 220 labs across India to provide services of testing to a wide range of products and exporters.

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