The export of essential agri commodities for the cumulative period of April-September, 2020 has increased by 43.4% to Rs 53626.6 crore as compared to Rs 37397.3 crore in the same period last year.
According to India’s agriculture & Farmers Welfare Ministry, the export of essential agri commodities for the cumulative period of April-September, 2020 has increased by 43.4% to Rs 53626.6 crore as compared to Rs 37397.3 crore in the same period last year.
Major commodity groups which have recorded positive export growth during April-Sept, 2020-21 vis-à-vis April-Sept, 2019-20 are Groundnut (35%), Refined Sugar (104%), wheat (206%), Basmati Rice (13%) and Non-Basmati Rice (105%) etc., stated the ministry in a statement released on 10th October.
Additionally, balance of trade during April-September 2020 has been significantly positive at Rs 9002 Crore as against trade deficit of Rs. 2133 during the same period in 2019, the statement said.
On month to month basis (MoM), India’s agricultural export of essential agricultural commodities during September, 2020 has been of Rs 9296 crore against export of Rs 5114 crore during September, 2019, showing an increase of 81.7%.
