India has entered the top 10 list of the countries exporting agricultural produce in the year 2019 with a sizable share in the export of rice, cotton, soya beans and meat.
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As per a report by World Trade Organization (WTO) on the trends in world agricultural trade in the past 25 years, India and Mexico with 3.1% and 3.4% share in global Agri exports, respectively, replaced New Zealand (9th) and Malaysia (7th) as the largest exporters across the globe.
The United States of America (USA), which topped the list in 1995 with 22.2% share of world Agri export, was overtaken by the European Union (EU) in 2019 with 16.1% global Agri share.
The USA’s exports reduced to 13.8% in 2019 while Brazil maintained its ranking as the third-largest exporter by increasing its share from 4.8% in 1995 to 7.8% in 2019.
India is also the third-largest cotton exporter (7.6%), and the fourth-largest importer (10%) in 2019. In the largest traded Agri product, soya beans, India (0.1%) has a meagre share, but was ranked ninth in the world. In the “meat and edible meat offal” category, India secured 8th rank in the world with a global share of 4%.
