POST Online Media Lite Edition


Agriculture exports down from $43.23 billion to $33.87 billion in India

Staff Writer |
India's agricultural exports have declined to $33.87 billion in 2016-17 from $43.23 billion in 2013-14.

Article continues below

The primary reasons for decline in export of agricultural commodities are low commodity prices in the international market, "which has made our exports uncompetitive," Commerce and Industry Minister Nirmala Sitharaman said.

Import of agricultural commodities including plantation and marine products in 2016-17 rose to $25.09 billion from $15.03 billion in 2013-14.

She added that export and import of agricultural products depend on various factors such as availability, international and domestic demand and supply situation and quality concerns.

"Edible oils and pulses, which are in short supply in India, account for the bulk of India's import of agricultural products," the minister said.

Sitharaman said the share of agricultural exports in total exports of the country has declined marginally during the past three years.