Agriculture, Trade

Export in agriculture and food industry in India

India is a major contributor to the global food basket. Between March 2020 to February 2021, the net worth of agriculture commodities export was 17.19 billion USD. 

Looking at the export figures of individual food categories, India exported 182.21 million USD worth of grapes between April 2020 to February 2021. 

During the same period, India exported pulses and natural honey worth 261.47 million USD and 79.33 million USD respectively. 

India ranks number one as the largest producer of milk and also the largest population of buffalos in the world. According to metrics, India will produce 330 million tons of milk by 2024. 

In the processed food sector, India ranks amongst the top in production, consumption, export, and growth. This sector covers a range of processed products such as meat and poultry; milk and milk products; fruits and vegetables; alcoholic beverages, chocolates, and cocoa-based products, etc.
India exported 4987 million USD worth of processed food in 2020-21. Some notable shares include processed vegetables (501 million USD), Mango pulp (96 million USD), jaggery and confectionary (359 million USD), alcoholic beverages (322 million USD), pulses (284 million USD), groundnuts (727 million USD), processed fruits & nuts (428 million USD), and cocoa products (149 million USD).

In agriculture-based exports, India exported 3.88 billion USD worth basmati rice, 1.84 billion USD of non-basmati rice, 3.01 billion USD of buffalo meat, and 2.71 billion USD of other processed food in the financial year of 2020 (till February 2020).

The financial year of 2021 saw India exporting 3.59 billion USD of basmati rice, 4.04 billion USD of non-basmati rice, and 2.86 billion USD of buffalo meat.

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Apparel, Branding, Marketing, Trade

Top Clothing Retailers in The World 2020

The clothing retail industry grew steadily over the period of last 5 years. In 2019, the industry saw a growth of 5.46% and over 2020, it was 6.2%. USA and China emerged as the largest retail markets in 2020. 

The clothing retail industry recorded a net worth of 292 billion USD in 2020. 55% of total sales in apparel and footwear came from outside North America and Europe. 

Key Points

  • Asia was the biggest exporter of apparel products in the world as China contributed over 36% of the entire market.
  • Apparel exports from China and Hong Kong reached the value of over 185 billion USD. These two countries are the biggest contributor in terms of cash value. 
  • The market for athletic garments grew by 8.5% making it the highest grossing category in the apparel market. 
  • China was the primary destination of clothing with 91% of apparel companies sourcing their products from here. 
  • Mexico emerged as the cheapest country for manufacturing apparel as the wages are 25% lower than that of China. 

List of the biggest apparel brands based on the 2019 fiscal year

RankCompanyCountrySales Revenue in USD billions
1INDITEX (ZARA)Spain28.89
3Hennes & MauritzSweden21.5
5Limited BrandsUSA13.24
6PVH (Calvin Klein, Tommy Hilfiger)USA9.66
7Ralph LaurenUSA6.31
10Abercrombie & FitchUSA3.59

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