Agri exports fall 9 pc to $43.7 bn during Apr-Feb 2024 due to global, domestic factors

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Agri Exports Declines 9% During Apr-Feb 2024 To $43.7 Billion

The country's agriculture exports declined by 8.8% to $43.7 billion during April-February period of 2023-24 fiscal due to factors like the Red Sea crisis, Russia-Ukraine war, and domestic restrictions imposed on critical items like rice, wheat, sugar and onion. According to the data of the commerce ministry, the exports stood at $47.9 billion in April-February 2022-23. India's agricultural GDP also witnessed a significant deceleration, growing b…