Exports of agri-products surges by 38% in 2007-08

Exports of agri-products surges by 38% in 2007-08
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First Published: Tue, Aug 19 2008. 02 55 PM IST
Updated: Tue, Aug 19 2008. 02 55 PM IST
By PTI
New Delhi: India’s exports of agricultural and processed food products have jumped by 38% to Rs28,906 crore in 2007-08 fiscal mainly due to a significant jump in shipments of coarse cereals, according to a latest official data.
The country’s agricultural products export was Rs20,986 crore last year, according to an official of government’s agri-trade promotion body Apeda.
There has been a major rise in exports of coarse cereals like maize, jowar and barley. The exports of cereals, excluding rice and wheat, have gone up by five-fold to about Rs2,979 crore in 2007-08 fiscal compared to Rs599 crore in April-March period of 2006-07.
The Apeda official said that the surge in exports in value terms is significant for India as rupee appreciated last year. The exports in Indian currency has been calculated taking dollar value at Rs40.46 for 2007-08 and Rs45.23 for 2006-07.
Non-Basmati rice exports have surged to Rs7,396 crore from Rs4,243 crore. In quantity wise, shipments rose to 53.14 lakh tonnes from 37.02 lakh tonnes in 2006-07 fiscal.
In the basmati category, exports have jumped to Rs4,334 crore from Rs2,792 crore. In terms of volume, exports rose to 11.81 lakh tonnes from 10.45 lakh tonnes in the review period.
Basmati exporters have realised a higher value of Rs37,000 a tonne in 2007-08 fiscal compared to Rs27,000 per tonne in the previous fiscal.
In livestock products category, India’s exports rose to Rs5,062 crore from Rs4,124 crore because of higher exports in dairy products, whose shipments went up to Rs 921 crore from Rs497 crore in the year-ago period.
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First Published: Tue, Aug 19 2008. 02 55 PM IST
More Topics: Agriculture | Exports | Cereals | Rice | Wheat |