India wheat export doubles to $1.48 billion in April-Sept
3rd Nov 2022
myonlineprep
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India wheat export doubles to $1.48 billion in April Sept
- The country’s wheat exports more than doubled to $1.48 billion during AprilSeptember as compared with the year earlier period.
- Wheat export rose to $1,487 million in April September from $630 million in April September 2021.
- Though the government banned wheat exports in May, some shipments are allowed to meet food security needs of the countries that request for it.
- The global wheat supplyhas 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 the fiscal.
- The overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to $13.77billion in AprilSeptember2022 from $11.05 billion in the year earlier period.
- For 202223, 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.
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