Vegetable exports jump 20% on strong demand, lower air freight, and goodwill

Vegetable exports jump 20% on strong demand, lower air freight, and goodwill

Export of vegetables has risen to about 20% more than the pre-COVID levels, helped by demand from West Asia and Europe and lower air freight, exporters and officials said.

Indian exporters also earned goodwill as they had ensured steady supply even when freight rates were high unlike countries like Egypt, China, Kenya, and the Dominican Republic, said Sunil Awari, GM at Bengaluru-based Namdhari Farm Fresh.

“The export demand is 20% higher than the pre-Covid levels. We noticed that in the first quarter of 2020-21, there was an increase in consumption of vegetables in most of the export markets compared to non-vegetarian food. Also, the increase in the frequency of flights by Air India, Spice Jet, British Airways and Gulf carriers, leading to a drop in freight rates, helped exporters,”

According to the Agricultural and Processed Food Products Export Development Authority (APEDA) data, fresh vegetable exports from India in April-July rose 18% over the same period in the previous year.

“We had organized meetings and interactions between exporters and importers through respective high commissions and embassies in Singapore, Kuwait, Switzerland, Russia, Indonesia, and the UAE,” an official of APEDA said. “These meetings were helpful for exporters to venture into new markets and enhance exports.”

For Reference Link: https://economictimes.indiatimes.com/news/economy/foreign-trade/vegetable-exports

 

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