India’s maize exports at all-time high of USD 816.31 million

by NTOI Web Desk

NEW DELHI : The export of maize has touched USD 816.31 million in the first ten months of the current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year, Union Ministry of Commerce and Industry informed on Sunday.

“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 COVID-19 pandemic outbreak,” the Ministry said in a press release.

Neighbouring countries like Bangladesh and Nepal are the major importers of maize from India.

As per the Ministry, 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.

“Vietnam has emerged as a major destination for the export of maize. India exported maize worth USD 244.24 million to Vietnam in the first ten months of the current fiscal (April-January 2021-22).

Other prominent importing countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, Oman, etc,” the release read

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