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For the year 2022-23, an export target of $23.56 billion has been fixed for the agricultural and processed food products basket
According to the provisional data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of agricultural and processed food products increased to $ 9.598 billion in April-July 2022 from $7.397 billion over the same period of the last fiscal.
The exports of agricultural and processed food products rose by 30 percent in the first four months of the current Financial Year 2022-23 (April-July) in comparison to the corresponding period of FY 2021-22.
As per the DGCI&S provisional data, fresh fruits & vegetables registered four percent growth, while processed fruits and vegetables recorded a significant growth of 51 percent (April-July, 2022) in comparison to corresponding months of the previous year. In April-July 2021, fresh fruits and vegetables were exported to the tune of $498 million that increased to $517 million in the corresponding months of the current fiscal. Exports of processed fruits & vegetables jumped to $665 million in four months of the current fiscal from $441million in the corresponding months of the previous year.
Basmati rice exports witnessed a growth of 29.13 percent in the first four months of FY 2022-23 as its export increased from $1.214 billion (April-July 2021) to $1.567 billion (April-July 2022), while the export of non-basmati rice registered a growth of 9.24 percent in first four months of current fiscal.
The export of meat, dairy & poultry products increased by 11.69 percent. The dairy products alone recorded a growth of 61.91 percent as its export rose to $247 million in the first four months of the current fiscal from $153 million in corresponding months of the previous year.
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