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India’s Agricultural Exports Flourish Amid Volatile Foreign Trade
For the financial year so far, agricultural exports have risen by 14%, while overall merchandise exports have fallen 19%.
19 Nov 2020, 01:56 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A worker carries a bag of basmati rice on his head into a warehouse in the Vashi Agricultural Produce Market Committee (APMC) wholesale market in Mumbai, India, on Monday, March 24, 2014. Photographer: Dhiraj Singh/Bloomberg](https://media.assettype.com/bloombergquint%2F2020-11%2F3975fad1-d46c-4342-8ebe-d45786624183%2F231721306.jpg?rect=0%2C43%2C4000%2C2250&auto=format%2Ccompress&w=200)
A worker carries a bag of basmati rice on his head into a warehouse in the Vashi Agricultural Produce Market Committee (APMC) wholesale market in Mumbai, India, on Monday, March 24, 2014. Photographer: Dhiraj Singh/Bloomberg
Strong local production, along with supply disruptions in competing markets, have helped India’s agricultural exports grow even as broader foreign trade remains volatile.India’s exports contracted by 5.12% in October, though some commodities continued to grow. Along with chemicals, drugs and pharmaceuticals, exports of agricultural products and animal husbandry have remained strong this financial year.Exports of agriculture rose by 4...
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