Current Context : India remained world’s eighth largest exporter of agricultural products in 2023, despite a drop in agriculture exports to $51 billion in 2023 from $55 billion in 2022.
- This stability comes amid a general decrease in agricultural exports among seven of the top ten exporting nations.
- Top agricultural exporters, Brazil, the European Union, and Thailand increased their exports by 6%, 5%, and 0.2%, respectively, in 2023.
- The top ten exporters accounted for 9% of global exports in 2023”.
- Indian export Products: Major agricultural exports include rice (especially basmati), spices, tea, coffee, pulses, and fruits like mangoes.