Which of the following agricultural commodity of India is largest in terms of export value? (2024)

FAQs

Which of the following agricultural commodity of India is largest in terms of export value? ›

Basmati Rice is the largest in terms of export value out of the given options.

Hence, Basmati Rice gives the largest export value as an agricultural commodity of India.

Basmati rice is the country's top agricultural export, followed by other rice varieties. Other significant sources include beans, wheat, and synthetic tobacco. The list includes oilseeds like sesame and peanuts, vegetable oils, and grains.

India has been the world's top rice exporter since the beginning of this decade primarily owing to the lift of ban on export of non-basmati varieties of rice by GoI in 2011.

India is a major exporter of petroleum products, including refined petroleum, naphtha, and liquefied petroleum gas (LPG). In fact, petroleum products are India's largest export, accounting for over 14% of the country's total export value by Export import data in India.

Crops exported in large quantities viz. rice, sugar, and spices have witnessed significant increase in area coverage and growth rate of production. India has emerged as a significant Agri-exporter in crops likerice, spices, cotton, oil meal cake, castor oil, coffee, cashew, tea, fresh vegetables and sugar.

Of the major cereal and vegetable crops, the United States, China, India, and Russia are the top producers. The United States is the top exporter of agricultural products with $118.3 billion in exports as of 2019.

Which among the following is the largest export market for India? ›

The United States was the largest export destination for Indian exports in fiscal year 2022, accounting for nearly 18 percent. United Arab Emirates followed at over six percent of India's exports that same year.

Diamonds, silk, cotton, rice, aluminium, coffee, spices, and sugar are some of the commodities that were exported from India.

Basmati Rice is the largest in terms of export value out of the given options.

India is home to numerous manufacturers producing a wide array of agricultural commodities, ranging from cereals to fruits and vegetables. In the fiscal year 2022, basmati and non-basmati rice, along with spices, emerged as the top agricultural exports from India.

India is the world's largest producer of milk, pulses and jute, and ranks as the second largest producer of rice, wheat, sugarcane, groundnut, vegetables, fruit and cotton.

Crude petroleum was the most imported commodity into India, at about 20 percent in fiscal year 2022.