India's maize exports up 22% YoY, hit all-time high of $816.31 mn in FY22

Maize exports reached US$ 816.31 million in the first ten months of the current fiscal year 2021-22 (April-January), surpassing the US$ 634.85 million obtained the previous fiscal year. "From an exports realization of US$ 142.8 million in 2019-20, the export of maize increased nearly six-fold, taking the total value of shipment to US$ 1593.73 million in the last three years despite logistical challenges posed by the COVID-19 pandemic outbreak," the Ministry said in a press release.

Maize, dubbed the "Queen of Cereals" around the world, has emerged as a major foreign exchange earner among the commodities covered by the Agricultural and Processed Food Products Export Development Authority (APEDA). "The significant rise in agri-exports is seen as a testimony of the government's commitment to increase farmers' income through creating requisite infrastructure and improving value chains on boosting exports of agricultural and processed food products," Dr M Angamuthu, Chairman, APEDA said.

After rice and wheat, maize is India's third most important cereal crop. Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra, and Andhra Pradesh are the states where the cereal crop is largely grown. "The rise in export of agricultural and processed food products has been largely due to the various initiatives taken by APEDA such as organizing B2B exhibitions in different countries, exploring new potential markets through product-specific and general marketing campaigns by the active involvement of Indian Embassies," the Ministry said

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