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India 14/11/2023

1st export of Indian bananas by sea to Europe

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India is the world's leading banana producer with 35.36 million tonnes, but its share of exports represents only 1% of the world market.
 
The Indian media report that the 1st export of bananas by sea to Europe left the port of Mumbai on November 9, bound for the Netherlands. The total volume shipped reached 19.591 tonnes (1,080 x 18.14 kg per case).
 
Organized by APEDA (Agricultural and Processed Food Products Export Development Authority), this shipment aims to increase the market share of Indian bananas on the European market. According to government estimates, the country could be in a position to export bananas worth over 1 billion USD over the next 5 years.
 
 
In 2022-23, India exported bananas worth 176 million USD. The main destination countries were Iran, Iraq, the United Arab Emirates, Oman, Uzbekistan, Saudi Arabia, Nepal, Qatar, Kuwait, Bahrain, Afghanistan and the Maldives.
 
source : business-standard.com, utkarsh.com
 
 
 
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The 1st export of bananas by sea to Europe left the port of Mumbai for the Netherlands (Photo: m.indiamart.com).
   
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