India’s agricultural exports have declined to $33.87 billion in 2016-17 from $43.23 billion in 2013-14, Parliament was informed on Wednesday.
The primary reasons for decline in export of agricultural commodities are low commodity prices in the international market, “which has made our exports uncompetitive,” Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.
However, import of agricultural commodities (including plantation and marine products) in 2016-17 rose to $25.09 billion from $15.03 billion in 2013-14.