India's Agricultural, Processed Food Products Exports Up By 25 Per Cent To $13.771 Billion In First Six Months Of FY23

India's exports of agricultural and processed food products rose by 25 percent within six months of the current Financial Year 2022-23 (April-September) in comparison to the corresponding period of FY 2021-22, an official statement said on Wednesday (3 November).

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 Percent in US dollars during April-September 2022. 

The overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to $13771 million in April-September 2022 from $11056 million over the same period of the last fiscal year, the Ministry of Commerce and Industry said in a statement.

APEDA is the agri export promotion body under the Ministry of Commerce and Industry,

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

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