July 11, 2014

India's agricultural exports, including marine products, grew by 5.1% on-year in 2013-14 to US$37.29 million, according to the country's Economic Survey.

Of the total exports, marine products surged 44.8%. The exports of total dairy, poultry, meat and marine products have doubled their share in agricultural exports between 2008-09 and 2013-14.

India has made some policy changes regarding exports in recent years. Exports of rice and wheat were permitted in 2011, and in February 2013 processed and value-added agricultural products were exempted from restrictions, despite an export ban on their base produce.

During the last five years until 2013, India's food processing sector has been growing at an average annual growth rate of 8.4%, faster than the agriculture sector.