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India Aims for $1 Billion Banana Exports to Russia

1/3/2025

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Summary

Story summary

India plans to increase banana exports to Russia, aiming for $1 billion following successful trial shipments to the Netherlands.
The Agricultural and Processed Food Products Export Development Authority (APEDA) is establishing sea protocols for fresh produce exports.
Banana exports from India surged from $176 million in 2022-23 to $300 million in 2023-24, boosting global market share from 0.21% in 2013 to 1.74% in 2023.

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Story summary

India plans to increase banana exports to Russia, aiming for $1 billion following successful trial shipments to the Netherlands.
The Agricultural and Processed Food Products Export Development Authority (APEDA) is establishing sea protocols for fresh produce exports.
Banana exports from India surged from $176 million in 2022-23 to $300 million in 2023-24, boosting global market share from 0.21% in 2013 to 1.74% in 2023.