'Half-baked' Brexit model puts flower sector at risk
The Fresh Produce Consortium has urged the UK government to find “better solutions” for future ...
In the first quarter of the current financial year, India’s agricultural export was down 19% in terms of value over the last year, tumbling from $6.36bn to $5.18bn.
This drop is primarily on the back of lower exports to the US and Bangladesh. A price crash of guar gum, the highest exported agri-commodity to the US from India, has been one of the biggest reasons for this decline.
Simultaneously, however, India has seen a 140% jump in exports to Iran in the first three months of the financial year, at $682. This growth has been driven by exports of Basmati rice to the country, which continues to be India’s top export commodity.
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