India’s maize exports reach all-time high at $816.31 million in first 10 months of current fiscal

India’s maize exports reach all-time high at $816.31 million in first 10 months of current fiscal
Neighbours like Bangladesh and Nepal are major importers of Indian maize. Bangladesh has imported maize worth USD 345.5 million in the current fiscal while Nepal has imported maize worth USD 132.16 million during the period

India’s maize exports have touched USD 816.31 million in the first 10 months of current fiscal 2021-22 (April-January), exceeding the USD 634.85 million achieved during the last financial year, Ministry of Commerce & Industry, Government of India has said today.

According to the ministry, from an export realisation of USD 142.8 million in 2019-20, the export of maize increased nearly six fold, taking the total value of shipment to USD 1593.73 million in the last three years despite logistical challenges posed by the Covid-19 pandemic outbreak.

Neighbouring countries like Bangladesh and Nepal are the major importers of maize from India. Bangladesh has imported maize worth USD 345.5 million in the current fiscal (April-January), while Nepal has imported maize worth USD 132.16 million during this period.

With initiatives of the Ministry of Commerce & Industry to explore and diversify new markets, Vietnam has emerged as a major destination for maize exports. India exported maize worth USD 244.24 million to Vietnam in the first 10 months of the current fiscal (April-January 2021-22). Other prominent importing countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan and Oman

Maize, which is globally known as the queen of cereals, has emerged as one of the significant foreign exchange-earners under the commodities covered under the Agricultural and Processed Food Products Export Development Authority (APEDA) ambit.

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“The significant rise in agri-exports is seen as a testimony of the government’s commitment to increase farmers’ income through creating requisite infrastructure and improving value chains on boosting exports of agricultural and processed food products,” Dr. M. Angamuthu, Chairman, APEDA said.

Maize is the third most important cereal crop in India after rice and wheat. This cereal crop is primarily cultivated in the states of Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and Andhra Pradesh.

Having the highest genetic yield potential among the cereals, maize is one of the most versatile emerging crops having wider adaptability under varied agro-climatic conditions.

In India, maize is grown throughout the year and it is predominantly a Kharif crop with 85 per cent of the area under cultivation in the season.

In addition to staple food for human beings and quality feed for animals and poultry, maize serves as a basic raw material/ingredient to many of industrial products that include starch, oil, protein, alcoholic beverages, food sweeteners, pharmaceutical, cosmetic, film, textile, gum, package and paper industries.

The rise in export of agricultural and processed food products has been largely due to the various initiatives taken by APEDA such as organising B2B exhibitions in different countries, exploring new potential markets through product-specific and general marketing campaigns by the active involvement of Indian embassies.

APEDA has also taken several initiatives to promote Geographical Indications (GI) registered agricultural and processed food products in India by organising virtual buyer-seller meets on agricultural and food products with the major importing countries across the world.

In order to ensure seamless quality certification of products to be exported, APEDA has recognised 220 labs across India to provide services of testing to a wide range of products and exporters.

India’s maize exports in the last three years (In USD Million)
Product 2019-20 2020-21 2021-22 (April-Jan)
Maize 142.8 634.85 816.31

Source: DGCIS

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