Trends in Export of Major Agricultural Commodities and Products from India
M. Prahadeeswaran
Department Agricultural Economics, Tamil Nadu Agricultural University, Coimbatore, India.
R. Balaji
Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore, India.
S. Senthilnathan *
Department Agricultural Economics, Tamil Nadu Agricultural University, Coimbatore, India.
S. Moghana Lavanya
Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore, India.
S. Gurunathan
Department Agricultural Economics, Tamil Nadu Agricultural University, Coimbatore, India.
*Author to whom correspondence should be addressed.
Abstract
India's agricultural products export touched $ 50 billion for the financial year FY22, the highest level ever achieved. Basmati and Non-basmati rice are major exports and doubled during 2010-20 compared to 2000-2010. Export value of basmati and non-basmati rice were about Rs. 32,000 crores and Rs. 23,000 crores respectively during 2019-20. Exports of processed vegetables, fruits, nuts and fresh grapes are growing nearly 3 times during 2010-2020 (Rs.500 crores each) compared to 2000-2010 (around Rs. 3,000 crores each). Exports of cucumbers, gherkins, jaggery and confectionary items are growing at a faster rate in the recent decade (Rs.400 crores during 2005-06 to Rs. 1600 crores during 2019-20). Export basket of agricultural commodities is highly diversified (Herfindahl Index: 0.09 – 0.26) and non-conventional exports like processed vegetables, fruits and vegetables are increasing in faster rate. Hence, policy support to the non-conventional and high value exports as well as small and new exporters has to be continued. Aggregation of small exports and Farmers Producers Companies will directly benefit the farmers.
Keywords: Agricultural trade, Exports from India, herfindahl index