The export of maize has touched USD 816.31 million in the first ten months of current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year.
From an exports realization of USD 142.8 million in 2019-20, the export of maize increased nearly six fold, taking the total value of shipment to USD 1593.73 million in the last three years despite logistical challenges posed by the COVID19 pandemic outbreak.
Neighbouring countries like Bangladesh and Nepal are the major importers of maize from India. Bangladesh has imported maize worth USD 345.5 million in the current fiscal (April-January), while Nepal has imported maize worth USD 132.16 million during this period.
With initiatives of the Ministry of Commerce & Industry to explore and diversify new markets, Vietnam has emerged as a major destination for export of maize. India exported maize worth USD 244.24 million to Vietnam in the first ten months of current fiscal (April-January 2021-22). Other prominent importing countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, Oman, etc.
Maize, which is globally known as the queen of cereals, has emerged as one of the significant foreign exchange earners under the commodities covered under the Agricultural and Processed Food Products Export Development Authority (APEDA) ambit.
“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.
Maize is the third most important cereal crop in India after rice and wheat. The cereal crop is primarily cultivated in the states of Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and Andhra Pradesh.
Having highest genetic yield potential among the cereals, maize is one of the most versatile emerging crops having wider adaptability under varied agro-climatic conditions. In India, maize is grown throughout the year and it is predominantly a kharif crop with 85 percent of the area under cultivation in the season.
