India's farm exports down 46% by volume, over 50% by value in Apr-Dec 2018

Stockists in global market defer purchases on hopes of price fall; Experts, however, feel sentiment has started reviving, may lift India's overall agri exports in coming quarters

India's exports of agricultural commodities nosedived by up to a staggering 46 per cent in volume terms due to supply glut in the international market which prompted stockists to defer their purchase plans amid e
xpectations of further price fall.

Data compiled by the Agricultural & Processed Food Products Export Development Authority (Apeda) showed India’s wheat exports slumped to 135,284 tonnes ($35 million) for the period between April and December 2018 from 249,702 tonnes ($72 million) for the corresponding period last year.

Non-basmati rice exports fell by 14 per cent by volume and 16.4 per cent in value due to