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Home » India is the fifth largest exporter of millets
Economy

India is the fifth largest exporter of millets

Editor's Desk, Tattva NewsBy Editor's Desk, Tattva NewsFebruary 9, 2022Updated:February 9, 2022No Comments3 Mins Read
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With demand for nutria-cereals rising steadily globally, the Department of Commerce expects millets exports to increase exponentially in the coming years as Indian exporters find new markets abroad.

Currently, India is the fifth largest exporter of millets in the world, according to 2020 data, with exports continuously increasing at around 3% CAGR in the last five years ending with 2020.

In 2020-21, India exported millets worth USD 26.97 million against USD 28.5 million in 2019-20. World export of Millet has increased from USD 380 million in 2019 to USD 402.7 million in 2020.

Major exporter of millets is USA, Russian Federation, Ukraine, India, China, Netherlands, France, Poland and Argentina. Together, their millets exports stood at USD 221.68 million in 2020. Global exports of millets in 2020 stood at USD 466.284 million.

The top three importers of millets from India in 2020-21 were Nepal (USD 6.09 million), UAE (USD 4.84 million) and Saudi Arabia (USD 3.84 million). The other seven destinations in the top-ten list of India’s millet export are Libya, Tunisia, Morocco, UK, Yemen, Oman and Algeria.

Altogether, these ten countries imported millets worth USD 22.03 million from India. Other countries accounted for millets imports worth of USD 5.13 million from India, taking the grand total of imports from India in 2020-21 to USD 27.43 million, according to DGCIS data.

Agricultural and Processed Food Products Export Development Authority (APEDA) has been aggressively working towards facilitating shipments of millets by Indian exporters and helping them make inroads into new markets. Since organizing physical exhibitions and international trade fairs is not possible on account of the Covid-19 outbreak, APEDA has developed its own Virtual Trade Fair (VTF) application to facilitate interaction among exporters, producer organizations and international buyers.

In March 2021, APEDA organized its first Virtual Trade Fair – India Rice and Agro Commodity Show, which saw the participation of millet exporters also. A series of Virtual Buyer-Seller Meets (BSM) with Embassies, importers, exporters and product associations from India have been organized.

The top importers of millets along with their share in world import are Indonesia (8%), Belgium (7.36%), Germany (4.65), Mexico (4.1%), Italy (4.02%), United States of America (3.35%), United Kingdom (3.25%) Brazil (3.24%) and Netherlands (3.14%) in 2020. Top ten importers accounted for USD 221.7 million in 2020 out of the world import USD 466.3 million in same year.

India is the world leader in the production of millets with share of around 41% of total world production in 2020. India produces around 12 million MT of millets annually, according to Ministry of Agriculture and Farmers Welfare data.

APEDA exports Millets
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