India’s rice exports up by 64% in December
India’s agri-food export sector saw remarkable growth in December 2024, with rice exports rising 64.03%, from $0.87 billion in December 2023 to $1.43 billion. Other notable increases included exports of other cereals (67.89%), cashews (45.7%), coffee (36.88%), and tobacco (23.96%). Despite modest growth in fruits and vegetables (3.77%) and spices (1.73%), overall exports surged due to strong global demand, competitive pricing, and improved production capacity.
India’s agri-food export sector recorded robust growth in December 2024, with rice exports witnessing an impressive rise of 64.03 per cent, climbing from $0.87 billion in December 2023 to $1.43 billion in the same month this year. This remarkable performance solidifies India’s position as a key player in the global agricultural market.
In addition to rice, several other agri-food products also saw significant growth compared to December 2023:
Other Cereals: Up by 67.89 per cent
Cashew: Increased by 45.7 per cent
Coffee: Grew by 36.88 per cent
Tobacco: Witnessed a 23.96 per cent rise
Meat, Dairy, and Poultry Products: Registered 17.87 per cent growth
Fruits and Vegetables: Saw a modest increase of 3.77 per cent
Spices: Slight growth of 1.73 per cent
Drugs and Pharmaceuticals: Marginal increase of 0.63 per cent
This surge in exports is attributed to rising global demand, competitive pricing, and enhanced production capabilities in India. The sharp uptick in rice exports, in particular, highlights the country’s ability to cater to international needs efficiently.
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Source : FFoodssSpectrum
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