Farmers are expected to grow more Basmati rice this kharif season, with the acreage under cultivation likely to go up by up to 20 per cent, driven by higher remuneration, low carryover stock and increased demand from Iran, reports The Economic Times. An aggressive buying by Iran has pushed basmati exports from the country to […]
India closed its grape export season of 2018-19 with a 31 per cent rise in export of the fruit to Europe, the most premium market. Exports to Russia, China and other destinations are expected to have increased by about 25 per cent to 30 per cent. Grape growers had reported a bumper crop this year […]
India’s buffalo meat exports have fallen 9 per cent as major importer China is not importing directly from India, which makes shipments go via Vietnam or the Philippines, making it costlier. The industry has complained that it has not been given the kind of incentives that other exports get, making things difficult for buffalo meat […]
By Ritwik Sinha Against the backdrop of the bruising US-China trade spat, Indian exporters are hopeful that Beijing will allow direct access to Indian commodities and products soon. China, one of India’s biggest bilateral trade partners, is currently engaged in a bitter tariff war with the Trump administration, forcing it to redraw its international trade […]
In the heat and dust of elections, what appears to have missed the public eye is a lost opportunity worth billions of dollars for India’s iron-ore exports. Few political leaders appear to be talking about it except for those in the tiny western state of Goa, where the economy has been brought to the brink […]
India and China have signed a protocol for the export of Indian chilli meal to China, as part of a move to promote “more balanced trade” between the two Asian countries. This is the eighth agricultural product since 2003 for which India and China have signed a protocol for trade. The move comes amidst an […]
Oilmeal exports from India during April 2019 recorded at 1,68,809 tonnes, declined 24.75 per cent from 2,24,351 tonnes in April 2018, industry body Solvent Extractors’ Association of India (SEA) said in its latest report. The export of castorseed meal, however, has increased to 53,591 tonnes against 17,257 tonnes, SEA said. It is mainly exported to […]
Exports of basmati rice, the largest product in the country’s farm-export basket, touched a record high in volumes and rupee value terms in 2018-19 on account of aggressive buying by Iran and a weak currency. Export volumes grew by about a tenth to over 4.41 million tonnes over the previous year, while the export value, […]
World coffee exports amounted to 10.98 million bags in March 2019, compared with 11.42 million in March 2018 down 3.8 per cent on year, according to latest data from the International Coffee Organization (ICO). Shipments of Arabicas rose by 2 per cent to 6.794 million bags. Volumes of Colombian Milds and Brazilian Naturals were up […]
India’s exports rose to a five-month high of 11 per cent in March on account of higher growth mainly in pharma, chemicals and engineering sectors, marking the outbound shipments at $331 billion for FY 2018-19, official data showed. Merchandise exports in March 2019 stood at $32.55 billion as against $29.32 billion in the same month […]
