Corn exports rose more than 28.5 percent to $816.31 million in April-January this fiscal year, from $634.85 million in the same period last fiscal year, the Commerce Department said Sunday.

Neighboring countries like Bangladesh and Nepal are the main importers of maize from India, it added.

Bangladesh imported $345.5 million in maize in the first ten months of the current fiscal year, while Nepal’s imports totaled $132.16 million during this period.

Other prominent importing countries include Vietnam, Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan and Oman.

Corn is the third most important cereal crop in India after rice and wheat. The cereal crop is mainly grown in Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and Andhra Pradesh.

In India, maize is grown all year round and it is mainly a Kharif crop with 85 percent of the acreage being grown in season.

In addition to staple food for humans and quality feed for animals, corn serves as a basic raw material/ingredient for many industrial products, including starch, oil, proteins, alcoholic beverages, food sweeteners, pharmaceuticals, cosmetics, film, textiles, gum, package and paper industries.

This post Indian Exports: Corn Exports Up 28.5% to $816.31 Million in April-January FY22

was original published at “https://economictimes.indiatimes.com/news/economy/foreign-trade/maize-exports-rise-28-5-to-816-31-million-in-april-january-fy22/articleshow/90334773.cms”