FAQ

Business delegation will be sent to many countries to increase wheat export from India

Tags: Economics/Business

The Union Government will send business delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria and Lebanon to explore possibilities of promoting wheat exports from India.

India has set a target of exporting a record 10 million tonnes of wheat in the fiscal year 2022-23 amid rising demand for food grains globally.

A Task Force on Wheat Exports:

The Ministry of Commerce and Industry has already constituted a Task Force on Wheat Exports with representatives from various Ministries including Railways, Shipping and Commerce Ministries and under the aegis of Agricultural Processed Food Products Export Development Authority (APEDA).

India Wheat Supplier :

• APEDA organised such an interactive meeting with various stakeholders including farmers, traders and exporters in Karnal, Haryana to promote wheat exports and ensure export of quality produce. Where opportunities and challenges in the field of wheat export were discussed.

• According to the estimates of the Directorate General of Foreign Trade, India has exported 7 million tonnes (MT) of wheat during the fiscal year 2021-22 which is valued at $2.05 billion. About 50 percent of the total wheat exports were exported to Bangladesh during the last financial year.

• Egypt, which is one of the largest importers of wheat in the world, had agreed to get wheat from India.

Important facts :

• Egypt, which is one of the largest importers of wheat in the world, had agreed to get wheat from India.

• Turkey has talked about importing wheat on a large scale from India in May 2022, which is still under consideration.

Growth in Indian Wheat Exports:

• In the period April to January 2021-22, India's wheat exports increased to $1.74 billion; Whereas in the same period in 2020-21 it was $ 340.17 million.

• The country's wheat exports stood at $61.84 million in 2019-20.

• Bangladesh has been the largest importer of Indian wheat.

• India has also entered new markets like Afghanistan, Yemen, Indonesia and Qatar.

• India wants to replace Ukrainian and Russian dominance among the 30 wheat importing countries in the world. Out of these 30 countries, about 10 to 15 are existing countries, but India's share is very less.

• India's wheat export to the world is less than 1 percent. The stock has risen to 0.54 percent in 2020 from 0.14 percent in 2016.

• Top 10 countries importing wheat from India in 2020-21 are Bangladesh, Nepal, United Arab Emirates, Sri Lanka, Yemen, Afghanistan, Qatar, Indonesia, Oman, Malaysia.

Wheat production in india : 

• India was the world's second largest producer of wheat with a share of around 14.14 per cent in global wheat production in 2020.

• Annually, the country produces 107.59 million tonnes of wheat, most of which is used for domestic consumption (98 million tonnes).

• The major wheat growing states are Punjab, Uttar Pradesh, Madhya Pradesh, Haryana, Bihar, Rajasthan and Gujarat.

• Top ten wheat producing countries in the world: China, India, Russia, USA, Canada, France, Ukraine, Pakistan, Germany, Australia.