India Retains Eighth Position in Global Agricultural Exports

Current Context: In 2023, despite a drop in its agricultural exports to $51 billion from $55 billion in 2022, India maintained its position as the world’s eighth-largest exporter of agricultural products.

• Rice exports from India were valued at $11.14 billion, contributing to more than 20% of the total agricultural exports during that year.
• However, it’s worth noting that India’s agriculture trade faced challenges, with exports projected to decline by 7.2% and imports by 10.1% in 2023 compared to the previous year.

Question:

1 Which position did India hold in 2023 in terms of being a global exporter of agricultural products?

• A) Fifth
• B) Sixth
• C) Seventh
• D) Eighth

Answer: D) In 2023, despite a drop in its agricultural exports to $51 billion from $55 billion in 2022, India maintained its position as the world’s eighth-largest exporter of agricultural products.