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,

The ministry said that the efforts taken by it through APEDA have helped the country achieve 58 percent of its total export target for the year 2022-23 within six months of the current fiscal.

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.