New Delhi: The export of maize has touched USD 816.31 million in the first ten months of current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year, Union ministry said.
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 COVID19 pandemic outbreak.
Neighbouring countries like Bangladesh and Nepal are the major importers of maize from India. 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.
With initiatives of the Ministry of Commerce & Industry to explore and diversify new markets, Vietnam has emerged as a major destination for export of maize. India exported maize worth USD 244.24 million to Vietnam in the first ten months of current fiscal (April-January 2021-22). Other prominent importing countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, Oman, etc.