The export of wheat recorded a huge surge at USD 1742 million during April-January 2021-22, growing 387 per cent over the corresponding period in 2020-21 when it touched USD 340.17 million.
- India has reported a wheat export worth of USD 2352.22 million in the last three years, including the first ten months of current fiscal 2021-22.
- In 2019-20, the wheat export was worth USD 61.84 million which rose to USD 549.67 million in 2020-21.
- India’s wheat exports are mainly to neighbouring countries with Bangladesh having the largest share of more than 54 per cent in both volume and value terms in 2020-21.
- Though India is not among the top ten wheat exporters in the global trade, its rate of growth in exports have surpassed that of other countries, indicating the rapid strides it is taking in reaching new markets worldwide.
- India accounts for even less than 1% in world wheat export. However, its share has increased from 0.14 per cent in 2016 to 0.54 per cent in 2020.
- India is the second largest producer of wheat with a share of around 14.14 per cent of world total production in 2020.
Major wheat growing states
- India produces around 107.59 Million MT of wheat annually while a major chunk of it goes towards domestic consumption.
- Major wheat growing states in India are Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Rajasthan, Bihar and Gujarat.
Major wheat growing states
- The unit price of wheat plays an important role in international trade. While the unit export price of wheat has increased for all countries in the last five years, India’s unit export price is slightly higher than that of other countries. This is one of the factors adversely impacting wheat exports from India.
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