India’s shrimp exports to China have been witnessing a sharp decline, and that has made shrimps cheaper in the domestic markets by 30-40 per cent since March 2021. Given that China is the second largest purchaser of Indian shrimps after the USA, it has impacted exports quite severely. According to shrimp exporters, since China was […]
India’s coffee exports have seen a steady decline in the last decade amid growing need for value addition across multiple stages of coffee processing globally and rising demand for specialty coffees, according to a report by global trade finance company Drip Capital, quoting data from Directorate General of Foreign Trade (DGFT). India exported nearly USD […]
Hot and spicy red chillies continue to top the export basket of spices from India. And China emerges as the largest importer of Indian red chillies, especially the fiery Teja variety, as it consumes large quantities of the pungent spice. In FY21, India exported 6,01,500 tonnes of red chillies worth about Rs 8,430 crore. The […]
The US and Japan have raised questions on India’s frequent ban on onion exports at the World Trade Organization (WTO), claiming that such sporadic and frequent bans without prior notification put importing countries in a difficult position. Simultaneously, in Maharashtra onion growers have also demanded that the government draft a comprehensive policy on the import […]
India’s tea industry is expecting a decline in exports by almost 30-40 million kg this year as compared to 2020, due to the availability of low-cost varieties in the global market and amid trade restrictions in countries that have traditionally been strong importers. The coronavirus-induced economic downturn in much of the world is also a […]
Steel prices are likely to see a downward revision in July 2021, according to metal analysts. Likelihood of global price cuts may impact the Indian prices as well. Russia is likely to impose an export tax from August and so there is a possibility of higher exports from Russian producers. Moreover, Chinese prices have seen […]
A wellspring of nutrients, Kashmir valley’s Mishri variety of cherries saw its first commercial shipment reach Dubai from Srinagar. It is a definite step towards boosting India’s horticultural exports. A sample consignment was sent in the middle of June from Srinagar to Dubai through the air which was transhipped from Mumbai. Following an encouraging response […]
To ease the procedure for export and reduce the financial burden on producers and exporters due to multiple certifications as per regulation of various countries, APEDA has been negotiating with major organic produce importing countries for mutual recognition. Canada is in the process of designating India’s agri export promotion agency Agricultural and Processed Food Products […]
A popular Assamese fruit called ‘Leteku’, also known as Burmese grapes has found takers in Dubai. The nutrient-rich produce was sourced and packed from a collection centre in Darrang district in Assam where the fruit is abundantly grown. The consignment was exported by the Agricultural and Processed Food Products Export Development Authority (APEDA) registered Kiega EXIM […]
India’s export of leather products and footwear has jumped to $641.72 million in April-May 2021 from $ 146.79 million in the corresponding period last year, the Council for Leather Exports (CLE) said. CLE is expecting this growth trend to continue during the coming months. CLE’s newly elected chairman Sanjay Leekha said that after a prolonged period of market slowdown caused by the Covid 19 pandemic, which led to 27.72 per […]
