The ministry said that 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
The export of maize has touched USD 816.31 million in the first ten months of the current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year, as per the Ministry of Commerce and Industry.
From an exports realization 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.
The ministry said that 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.
Also, India exported maize worth USD 244.24 million to Vietnam in the first ten months of the current fiscal (April-January 2021-22). Other prominent importing countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, Oman, etc, said the ministry in a press statement.
“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,” M. Angamuthu, Chairman, Agricultural and Processed Food Products Export Development Authority (APEDA) said.