Fresh fruits have emerged as a standout performer in India’s agri export basket, with a robust growth of 29 percent in the nine-month period from April to December 2023, according to the latest data compiled by the Agricultural and Processed Food Products Export Development Authority (APEDA).
During this period, the market reach of India’s fresh fruits has expanded to 111 countries, compared to 102 destinations in the previous year, as the commodity takes the lead in the category of exports valued at over $100 million.
From April to November 2023, several key commodities experienced significant growth compared to the previous year. For instance, bananas surged by 63 percent, while kesar and dasheri mango saw impressive increases of 120 percent and 140 percent, respectively. Lentils (dried and shelled) soared by 110 percent, and fresh eggs witnessed a remarkable growth of 160 percent.
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During the period from April to December 2023, the export value of Basmati rice surged by 19 percent, reaching USD 3.97 billion, compared to USD 3.33 billion in the previous year.
At the same time, there was a notable 11 percent increase in the quantity of exports, rising from 31.98 lakh metric tons to 35.43 lakh metric tons within the same timeframe.
Basmati rice made its mark in the top markets, with Iran, Iraq, Saudi Arabia, the US, and the UAE emerging as the leading destinations for these exports. This strong performance highlights the enduring popularity and global demand for Basmati rice, reaffirming its position as a significant agricultural product in India’s export portfolio.
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The export of processed vegetables surged by 24 percent during this period, followed by miscellaneous processed items. Additionally, fresh vegetables also saw substantial growth compared to the corresponding period last year.
In the period from April to December 2023, among the 23 Principal Commodities (PCs) in APEDA’s export basket, 18 exhibited positive growth. Notably, 13 out of the 15 large PCs, with exports exceeding USD 100 million in the previous year, experienced positive growth, with an average growth rate of 12 percent, as indicated by the figures.
During the fiscal year 2022-23, India’s agricultural exports reached USD 53.1 billion, with APEDA’s commodity basket contributing a significant 51 per cent to India’s agricultural exports.
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