Page 3 - Food Export

Despite slowdown due to Covid-19, India's food exports up 27% since March

The country recorded $0.79 billion trade surplus in June against $15.28 billion deficit during the same period of 2019

Chinese customs ask food exporters to declare produce is coronavirus-free

Beijing began testing imported food for the coronavirus after an outbreak in a wholesale food market last week

Agricultural goods can fetch India additional $97 bn in exports: FAO

Select agri and agri-based commodities like meat, milk and fruits, among others, present export opportunity worth over USD 97 billion (about Rs 6.9 lakh crore) for India, as per data from the Food & Agriculture Organisation. India's export share in agri items such as bananas, oranges, chicken, meat, and milk products like cheese and butter milk is miniscule at present, the data showed. The country's share in the global market for 19 commodities was a miniscule 1.5 per cent, or around USD 1.5 billion (about Rs 10,650 crore), in 2017 against a potential of USD 97 billion, the World Trade Centre said in a statement on Thursday quoting the FAO data released recently. While global market for meat and chicken is a whopping USD 20.6 billion, the country's export share is only 4.04 per cent of this. Similarly, global market for bananas is close to USD 15 billion wherein India's share is a paltry USD 480 million, the statement said. Butter and cow milk provide a USD 8 billion opportunity,

Why New York's Magnolia Bakery has received a warm welcome in Bengaluru

The Bengaluru-based brand came into existence earlier this year with the intention of bringing global food brands to India

Govt's latest food export show targets value-added products, big brands

Move hopes to attract more global buyers, but will shrink space for smaller sellers