India's Agricultural Export > Agri Import.
India has Agricultural Trade Surplus (Agricultural Export > Agri. Imports).
Major Agriculture Exports:
• Marine Product
• Non-Basmati Rice
• Sugar
Major Agriculture Imports:
• Edible Vegetable Oils
60% of India's Edible Vegetable Oil requirement is meet through Import. Palm Oil is mainly imported vegetable oil due to its cheaper cost. Countries like Indonesia, Malaysia has monopoly in Palm Oil production in World.
• Pulses
Agriculture sector's share in India's total exports has been steadily declining. For FY 2020-21, 11.40% of Total Exports comes from Agriculture Sector.
Top Export Destinations in terms of value for Agriculture Commodities were Bangladesh> United Arab Emirates> USA> Vietnam.
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