The increase in agricultural and processed food exports is the result of APEDA’s numerous efforts to promote the export of these goods, including the organization of B2B exhibitions in various nations and the investigation of new potential markets through product-specific and general marketing campaigns with the active participation of Indian Embassies.
The Directorate General of Commercial Intelligence and Statistics (DGCI&S) released provisional data stating that by continuing the previous year’s trends, agricultural and processed foods exports rose by 13% in the 9 months of the current financial year 2022-23 (April-December) in comparison to exports in FY 2021-22.
APEDA has taken up several initiatives:
- To promote goods with geographical indications (GI) in India, the organization arranged virtual buyer-seller meets on Agricultural Products with the United Arab Emirates (UAE) and for GI products and handicrafts with the United States.
- The APEDA facilitated the participation of 10 wine exporters at the London Wine Fair, which was held between June 7 and 9, 2022, in an effort to increase the export of Indian wine.
- In Guwahati, Assam, APEDA recently held a conference on increasing the export potential of natural, organic, and GI-agro products from the north-eastern states. By establishing connections with foreign markets, the conference hopes to encourage the export of natural, organic, and GI agricultural products produced in Assam and neighboring states.
- APEDA recently organized an International Buyer Seller Meet with the Union Territory of Ladakh to increase the exports of apricots and other agricultural products from Ladakh. 18 entrepreneurs from the UTs of Jammu and Kashmir and Ladakh displayed a variety of
apricots and other agricultural products. India, the United States, Bangladesh, Oman, and Dubai all took part in this event. ● On 13th June 2022, APEDA began an eight-day Mango Festival in the Kingdom of Bahrain. At the event, Bahrain’s Al Jazira group supermarket featured 34 different mango varieties from eastern states including West Bengal, Bihar, Jharkhand, and Odisha.
To ensure a seamless quality certification of products to be exported, APEDA has recognized and established 220 labs across India to provide services of testing to a wide range of products and exporters.
Outcome Of APEDA’s Initiatives
Agricultural and Processed Food Products Export Development Authority’s (APEDA) overall Agro-Product Exports increased from USD 17.5 billion in April-December 2021 to USD 19.7 billion in the same period in the current fiscal. The government of India has achieved 84 percent of its total export target for the year 2022–2023 in the first nine months of the current fiscal year thanks to the initiatives taken by APEDA, an organization under the Ministry of Commerce and Industry.
APEDA set a USD 23.6 billion export target for the agricultural and processed food product basket for the fiscal year 2022–2023; USD 19.694 billion of that goal has already been reached after nine months of the current fiscal.
Mr. M Angamuthu, Chairman, APEDA, mentioned the achievement and said, “we have been engaged with all the stakeholders such as farmers, exporters, processors and Indian missions to ensure that quality and high value agricultural and processed food products are exported from the country.” “Through creating a necessary eco-system of exports along with collaboration with key stakeholders in the agri-exports value chains, we are aiming to sustain the growth in India’s agricultural and processed food exports in the current fiscal as well”.
- According to the preliminary data from the DGCI&S, processed fruits and vegetables saw growth of 30.36% (April–December 2022), while fresh fruits and vegetables saw growth of 4% in comparison to the same months the previous year. Fresh fruit exports totaled USD 1078 million from April to December 2021 and this amount rose to USD 1121 million in the corresponding months of the current fiscal year. In the first nine months of the current fiscal, processed F&V exports increased to USD 1472 million from USD 1129 million in the corresponding months of the previous year.
- Additionally, compared to the first nine months of the previous year, processed food products like cereal preparation and other processed items saw growth of 24.35 percent.
- When compared to the same nine months of the previous fiscal year, the export of pulses saw an increase of 80.38 percent, while the export of lentils increased from USD 242 million (April-December 2021-22) to USD 436 million (April-December 2022-23).
- The export of Basmati rice increased by 40.26% in the first nine months of FY 2022–23, from USD 2379 million (April–December 2021) to USD 3337 million (April–December 2022), while the export of non–Basmati rice increased by 4% in the same period. Non-basmati rice export increased to USD 4663 million in the first nine months of the current fiscal year from USD 4512 million in the corresponding months of the previous year.
- In the first nine months of the current fiscal year, the export of poultry products increased by 91.70 percent, while the export of other cereals saw a growth of 13.64 percent. From USD 50 million in the same months of the previous year, the export of poultry products increased to USD 95 million in the first nine months of the current fiscal.
- Similar to this, exports of dairy products increased by 19.45%, from USD 395 million in April to December 2021 to USD 471 million in April to December 2022.
- The export of wheat increased by 4% in the first nine months of the current fiscal year, from USD 1452 million in April-December 2021 to USD 1508 million in April-December 2022.
- Exports of other cereals increased from USD 764 million in April–December 2021 to USD 869 million in April–December 2022, while exports of milled products rose from USD 188 million in April–December 2021 to USD 255 million in April–December 2022, representing an increase of 35.71 percent over the course of the nine months.
According to DGCI&S data, the exports of agricultural products from the nation increased by 19.92% in 2021–2022 to reach USD 50 billion. The growth rate is significant because it exceeds the growth of 17.66% at USD 41.87 billion achieved in 2020–21 and was accomplished despite unprecedented logistical difficulties like high freight rates and a lack of available containers, among other things.
APEDA had written a new chapter in history by exporting agricultural and processed food products worth USD 24.8 billion in 2021–22, or about 51% of India’s overall agricultural exports, which totaled more than USD 50 billion.