Wheat Export Jumps to $872 mn in April-Oct 2021

Tags: Economics/Business

  • In the first seven months (April-October) of the current financial year (2021-22), India’s wheat exports in terms of volume rose by more than 527 per cent to 3.2 Million Tonne (MT) from 0.51 MT reported during April-October period of 2020-21. 
  • In terms of value, India’s wheat exports in the current fiscal (April – October) rose by 546 per cent to $ 872 million from $ 135 million reported during the same period of the previous fiscal.
  •  Bangladesh was the main export market for Indian Wheat.
  • In 2020-21,The top ten importing countries for Indian wheat were Bangladesh, Nepal, United Arab Emirates, Sri Lanka, Yemen, Afghanistan, Qatar, Indonesia, Oman and Malaysia.

Note 

  • India is the largest exporter of Rice in the world and in wheat it is not even in the top 10 exporting countries. 
  • One million is equal to 10 Lakhs.

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