India’s bananas and baby corn have gained access to Canadian markets, giving a further boost to the country’s agricultural exports, and the country’s agricultural exports to ₹50 billion (Rs 3,76,575 crore) in 2021-22 has reached an all-time high. has reached epidemic level. Successful negotiations between India and Canada’s National Plant Protection Organization this week allowed the export of Indian bananas and baby corn to Canada. A Union Agriculture Ministry official said exports of baby corn from India to Canada will begin this month following updates to the Plant Protection Import and Domestic Movement for the maize crop and improvements in the Automated Import Reference System (AIRS). Will be done. Significant progress has been made in the field of export of agricultural products. Despite the logistical challenges posed by the COVID-19 pandemic, the country’s exports of agricultural products have grown by almost 20% to ₹50.21 billion in 2021-22. The ongoing war between Russia and Ukraine (the two largest exporters of wheat) has given India an additional opportunity to expand its wheat export market in the current financial year.
Increase in exports of many agricultural products
Exports of many agricultural products from India increased during this period. The biggest gainers were rice (9.9.65 billion), wheat (2.2.19 billion), sugar (4.4.6 billion) and other pulses (1.1.08 billion). There has been an unprecedented increase in the export of wheat. It has increased from Rs 4173 crore in 20221 to Rs 15,890 crore in 2021-22 with a growth of 283%.
Rice imports up 9.35%
India’s rice exports also grew by 9.35%. The value of rice exports increased to Rs 72,412 crore in 2021-22 from Rs 66,225 crore in 2020-21. According to data released by the Ministry of Commerce and Industry, exports of marine products reached a record high of ₹7.71 billion. Spices exports stood at 4 billion for the second year in a row. Despite several supply-side issues, coffee exports have exceeded 1 billion for the first time.