The country's wheat exports more than doubled to $1.48 billion during April-September 2022-23 as compared to the year-ago period, the commerce ministry said on Wednesday.
The exports stood at $630 million in the year-ago period.
Though the government banned wheat exports in May, some shipments are allowed to meet food security needs of the countries that request for it.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
"Wheat export rose to $1,487 million in April-September 2022 from $630 million in April-September 2021," the ministry said.
The global wheat supply has been seriously disrupted because of the Russia-Ukraine war. Both nations are major wheat producers.
The ministry also said exports of agricultural and processed food products rose 25% during the six- month period of this fiscal year.
The overall export of Agricultural and Processed Food Export Development Authority products increased to $13.77 billion in April-September 2022 from $11.05 billion in the same period a year ago.
For 2022-23, an export target of $23.56 billion has been fixed by APEDA and export of $13.77 billion has already been achieved in the six-month period, it added.
Similarly, export of fresh fruits increased to $313 million during the period under reviews as compared to $301 million a year ago.
Export of lentils increased from $135 million to $330 million.
Basmati rice exports too increased to $2.28 billion during April-September 2022 from $1.66 billion a year ago.
Shipments of non-basmati rice registered a growth of 8% to $3.20 billion.
Similarly, export of poultry products rose 83% to $57 million, while shipments of dairy products increased 58% to $342 million.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
