India's overall exports of farm products during the first two months of financial year 2019-20 declined 8% to Rs 20,345 crore over Rs 22,050 crore clocked during the corresponding period last year, according to latest data from the Agricultural and Processed Food Products Export Development Authority (APEDA).
Decline in volumes of products such as non-basmati rice, guargum and pulses, coupled with lower realisations, has pulled down the shipment volumes for the April-May period.
Exports of basmati rose 19% to Rs 6,488 crore during the period as against Rs5,451 crore, despite a marginal dip in per unit realisation. In volume terms, the basmati shipments increased 14% to 8.64 lakh tonnes.
Non-basmati rice shipments have more than halved to Rs 2,046 crore for the period from Rs 4,357 crore. Non-basmati exports have more than halved to 7.11 lakh tonnes in volume during the period.
Though buffalo meat volumes grew marginally to 1.96 lakh tonnes, the realisations were impacted because of a dip in per unit pricing. Buffalo meat exports fell by 2% to Rs 3,851 crore.
Guargum exports declined by about 6% to Rs 817 crore, while pulses shipments declined by about 60% to Rs 184 crore. Exports of fresh fruits also declined 3 per cent to Rs 1,072 crore.
However, exports of groundnuts grew 16% to Rs 641 crore, while dairy products rose 12% to touch Rs 500 crore. Exports of fruits, vegetables and juices have also registered a growth.