After 4-yr slump, dairy exports achieve second best show on global deficit

Apeda data showed India's exports of dairy products were up 56% YoY to $404 million between April 2018 and February 2019

After four years of slowing down, India’s dairy exports have revived to achieve the second best show ever in financial year 2018-19 due to supply deficit-led global price increase in skimmed milk powder (SMP) and other milk derivatives including ghee and butter.

Data compiled by the Agricultural & Processed Food Products Export Development Authority (Apeda) showed India’s total exports of dairy products were worth $404 million between April 2018 and February 2019, up 56 per cent from $260 million in the comparable period last year. Experts believe dairy exports continued with an estimated worth $100 million in March and total