April 29, 2021
The Ministry of Commerce & Industry has announced that India’s export of Organic food products rose by 51% in terms of value to $1040 million (Rs 7078cr) during the financial year 2020-21 compared to the previous fiscal (2019-20).
As per the ministry, in terms of quantity, the exports of organic food products grew by 39% to 888,179 metric tons (MT) during FY 2020-21 compared to 638,998 MT shipped in 2019-20. The growth in organic products has been achieved despite logistical and operational challenges posed by the COVID19 pandemic.
Notably, Oil cake meal has been a major commodity of the organic product exports from the country followed by oilseeds, fruit pulps, and purees, cereals & millets, spices & condiments, tea, medicinal plant products, dry fruits, sugar, pulses, coffee, essential Oil, etc.
Dr. M. Angamuthu, Chairman, APEDA, stated that Indian organic products, nutraceuticals and health food are gaining more demand in the overseas market.
The ministry highlighted that to facilitate the trade between major importing countries; negotiations are underway with Taiwan, Korea, Japan, Australia, UAE, and New Zealand for achieving Mutual Recognition Agreements for exports of Organic products from India.