Trends in Export of Major Agricultural Commodities and Products from India

Abstract

India's agricultural products export touched $ 50 billion for the financial year FY22, the highest level ever achieved. Basmati and Non-basmati rice are major exports and doubled during 2010-20 compared to 2000-2010. Export value of basmati and non-basmati rice were about Rs. 32,000 crores and Rs. 23,000 crores respectively during 2019-20. Exports of processed vegetables, fruits, nuts and fresh grapes are growing nearly 3 times during 2010-2020 (Rs.500 crores each) compared to 2000-2010 (around Rs. 3,000 crores each). Exports of cucumbers, gherkins, jaggery and confectionary items are growing at a faster rate in the recent decade (Rs.400 crores during 2005-06 to Rs. 1600 crores during 2019-20). Export basket of agricultural commodities is highly diversified (Herfindahl Index: 0.09 – 0.26) and non-conventional exports like processed vegetables, fruits and vegetables are increasing in faster rate. Hence, policy support to the non-conventional and high value exports as well as small and new exporters has to be continued. Aggregation of small exports and Farmers Producers Companies will directly benefit the farmers.