Pulwama attack hits India’s dried coconut exports to Pakistan

Gordon B. Johnson

India’s dried coconut exports to Pakistan has taken a strike in fiscal 2019-twenty pursuing the strained diplomatic relations involving the two nations just after the Pulwama assault. Exports ended up down at ₹119 crore on quantity of 10,504 tonnes, compared to about ₹200 crore and 16,788 tonnes in 2018-19. Pakistan […]

India’s dried coconut exports to Pakistan has taken a strike in fiscal 2019-twenty pursuing the strained diplomatic relations involving the two nations just after the Pulwama assault.

Exports ended up down at ₹119 crore on quantity of 10,504 tonnes, compared to about ₹200 crore and 16,788 tonnes in 2018-19.

Pakistan has been a important industry for Indian dried coconuts. However, there ended up rarely any exports in 2019-twenty pursuing the suspension of Indian consignments, remarkably put sources in the sector mentioned.

The import of dry coconut to Iran, the 2nd-major importer just after Pakistan, has also slowed down through the time period. Usually, dried coconut way too finds its way to Pakistan from Iran, but the US-Iran stand-off has afflicted exports from India to the Islamic republic.

Malaysia, Afghanistan and the British isles are the important importers of dried coconut from India, the sources extra.

However, official sources in the Coconut Advancement Board (CDB) pointed out that the most up-to-date information on dried coconut exports for the to start with quarter of the present-day fiscal is nonetheless to be compiled by the Director Common Industrial Intelligence & Data.

Similarly, India’s coconut exports registered a 14 per cent dip in 2019-twenty at ₹1,762.17 crore vis-a-vis ₹2,045.36 crore in 2018-19.

The official sources attributed the decline to the Covid-19 pandemic influencing shipments in the fourth quarter. Higher domestic charges of uncooked nuts also contributed to the decline in exports. At this time, charges of nuts in international markets are ruling at virtually two instances decreased than in the domestic charges.

Export of activated carbon has also declined at ₹1,185 crore from ₹1,344 crore. The US is the important industry for activated carbon problems related to transportation of the cargo are turning into impediments.

However, import of coconut products and solutions has posted a 34 per cent rise in 2019-twenty at ₹597.58 crore, with the major merchandise in the basket currently being coconut expeller cake, a important necessity in cattle feed output.

Desiccated coconut (DC) powder imports have also absent up to ₹179 crore from ₹52 crore in the earlier calendar year, predominantly because of to South East Asian FTA. The government has appear out with a minimum amount import price tag for DC imports, pursuing the concerns elevated by the stakeholders in the sector as effectively as the intervention of the board.

On the output front, CDB officers mentioned that the introduction of schemes to enhance efficiency has yielded results in many states, resulting in an raise of twenty million nuts nationally. The 2nd estimate from the Agriculture Ministry showed that output was 21,308.41 million nuts in 2019-twenty, from 21,288.24 million nuts in 2018-19. A steady, steady and remunerative price tag has inspired farmers to choose up coconut farming.

Desk:

Export figures:

Sl.No.

Product

2018-19

2019-twenty

Quantity (MT)

Benefit (₹ in Crore)

Quantity (MT)

Benefit (₹ in Crore)

1

Activated carbon

97,050.21

1,344.11

103,071.38

1,184.60

two

Coconut oil

six,814.forty five

136.72

7,870.24

141.70

3

Dry coconut

167,87.74

199.ninety four

10,504.08

119.23

4

Desiccated coconut

1,638.eighteen

14.twenty

1,438.85

11.seventy seven

five

Contemporary/ Frozen/ Grated Coconut

34,712.21

179.29

29,042.54

a hundred and sixty.fifty nine

six

Copra

two,204.06

34.51

two,333.forty eight

36.14

7

Shell charcoal

54,721.00

54.14

9,597.00

34.sixty two

8

Misc. coconut products and solutions

28,489.92

82.forty five

73.52

Overall

2045.36

1762.17

Resource : DGCIS, Kolkata

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