What agricultural products are exported from India?

WHAT AGRICULTURAL PRODUCTS ARE EXPORTED FROM INDIA?

India is the world’s second-largest producer of food after China. It has the potential to become the global leader in food production. The country is home to a large population, so there is a huge demand for food. India has many different types of climates which allow for a wide variety of crops to be grown. The main agricultural products that are export from India are rice, wheat, sugar, tea, cotton, spices, and tobacco.

Agricultural seed exporters in India play an important role in Indian agriculture. They provide quality seeds at affordable prices to farmers across the country. They help increase crop yield and also improve farmers’ livelihoods by providing them with employment opportunities.

Export trends

India has a large agricultural export market. In 2021–2022, the country increased its agriculture export revenue by 20% from $41 billion in 2021–2023. The Indian agriculture sector exports mainly agricultural and allied products, marine products, plantation products, textiles, and related products. Exports of agricultural and agro-allied products are estimated at 33.33 billion dollars. Expected to expand by 17% between 2019 and 2021. Rice was India’s biggest export agricultural commodity in 2021 – 22 which accounted for over 19% of total agriculture export.

Potential of agriculture exports in India

The Indian economy has been on a strong upswing in recent years. Driven by robust economic reforms and favorable macroeconomic conditions. One of the key drivers of this growth has been exports which have grown at a compound annual rate of 15% (in dollar terms) since 2000. In FY2017, exports accounted for 19% of India’s GDP, compared to just 11% in FY2000.

Agriculture exports have played a significant role in this export growth story – they grew at a CAGR of 18% between 2001 and 2016 (in dollar terms). The share of agriculture exports in total merchandise exports increased from 10% in 2001 to 17% by 2016. This increase was drive strong global demand for Indian agriculture products as well as domestic policy measure such as minimum support prices (MSP) and export subsidies.