Agricultural exports are likely to reach the annual target of $ 23.71 billion for the current financial year, as the agricultural export promotion body APEDA has exported $ 21.5 billion worth of food products in the first 11 months of 2021-22.
The highest foreign exchange earnings for the country, 91 per cent of the rice export target of $ 8.67 billion have been achieved by APEDA by February 2022, as so far, India has exported rice worth $ 8.62 billion.
At the same time, other grain exports have jumped to 105 percent of the export target of $ 847 million, official sources said.
In the fruits and vegetables category, compared to its $ 3,048 million export target as of February, APEDA has exported $ 2,506 million worth of fruits and vegetables, which is 75 percent of the total annual target, according to figures released by the Ministry of Commerce.
Exports of prepared cereals and miscellaneous processed goods worth $ 2,036 million – which is 89 percent of the export target of $ 2,102 million – were done up to February in the current fiscal.
At the same time, exports of meat and dairy products were recorded at $ 3,771 million, which is 82 percent of the $ 4,205 million export target set until February 2022.
Wheat exports recorded a big jump at $ 1,742 million in April-January 2021-22, up 387 percent over the same period in 2020-21 when it had hit $ 358 million.