New Delhi: The commerce ministry on Saturday said that India is in final talks to start exporting wheat to Egypt, while discussions are on with countries like China, Turkey, China and Iran to start outbound shipments of the commodity. .
It said India’s wheat exports increased to US$ 1.74 billion during April-January 2021-22 from US$ 340.17 million in the same period last year.
In 2019-20, wheat exports stood at USD 61.84 million, which increased to USD 549.67 million in 2020-21.
It also said that the Agricultural and Processed Food Products Export Development Authority (APEDA) has recently organized a meeting of key stakeholders in the value chain to promote exports to countries that have major concerns in the wake of global supply chain disruptions. Shipment capacity. Russia-Ukraine conflict.
In the meeting, Railways assured to make available enough rakes to meet any urgent demand of additional wheat transportation. The port authorities have also been asked to augment the dedicated terminals with dedicated containers for wheat in addition to the ports.
India’s wheat exports are mainly to neighboring countries, with Bangladesh accounting for the largest share in 2020-21, both in volume and value, at over 54 per cent. It has entered new wheat markets such as Yemen, Afghanistan, Qatar and Indonesia.
The top ten importing countries for Indian wheat in 2020-21 were Bangladesh, Nepal, United Arab Emirates, Sri Lanka, Yemen, Afghanistan, Qatar, Indonesia, Oman and Malaysia.
APEDA President M Angamuthu said, “We are emphasizing on creation of infrastructure in the value chain for promoting food grains exports in collaboration with state governments and other stakeholders like exporters, farmer producer organisations, transporters etc.”
India’s share in world wheat exports is less than 1 percent. However, its share has increased from 0.14 per cent in 2016 to 0.54 per cent in 2020. India is the second largest producer of wheat with a share of around 14.14 per cent in the world’s total production in 2020.
India produces about 107.59 million tonnes of wheat annually while a major part of it goes for domestic consumption.
The major wheat producing states of India are Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Rajasthan, Bihar and Gujarat.
“The unit price of wheat plays an important role in international trade. While the unit export value of wheat for all countries has increased over the past five years, the unit export value of India is slightly higher than that of other countries. This among them One is the factors adversely affecting the export of wheat from India,” it said. Also read: Telegram banned in Brazil ahead of presidential election
To ensure seamless quality certification of the products exported, APEDA has accredited 220 laboratories across India to provide testing services to a wide range of products and exporters. Read also: iPhone SE 2022 Price Cut: Now Buy Apple Smartphone for Just Rs 25,900, Check Offer
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function disqusToggle() {
var id = $(this).attr("id");
$("#disqus_thread1" + id).toggle();
};*/
//$(".main-rhs2446489").theiaStickySidebar();
var prev_content_height = $(content_selector).height();
//$(function() {
var layout = $(content_selector);
var st = 0;
///});
}
}
});
/*}
};*/
})(jQuery);