Wheat is one of the most significant food crops, accounting for approximately one-fifth of the global calorie supply. Nearly 19 percent of the world’s wheat output is marketed globally, largely as exports from OECD nations, notably Australia, Canada, the European Union (EU), and the United States, to impoverished countries to meet food requirements.
The global sugar trade is around 64 million tons per year. Raw sugar accounts for around 60% of worldwide commerce volumes. Although more than 120 nations produce sugar, the top 5 Sugar Exporting Countries (Brazil, Thailand, India, Australia, and Guatemala) accounted for approximately 70% of global commerce in 2016-18.
Agriculture plays a vital role in India’s economy. More than 58 percent of rural families rely on agriculture as their primary source of income. Agri commodities exporters play a significant role in building a nation’s economy.