Exploring the Versatile World of Potato
The potato, a versatile and staple crop, plays a significant role in global trade. In recent years, its export dynamics have witnessed interesting shifts, with various countries contributing to the industry’s growth. In this blog post, we delve into the export statistics of potatoes worldwide, focusing on India’s position in this dynamic market.
According to Trade Foresight, the total global export of potatoes (HSN Code 070190) reached a staggering $3.83 billion in 2023. Notably, India made substantial contributions, exporting 460,664,186.00 kilograms valued at Rs. 7,603,422,681.00 in the same period, according to APEDA.
Analyzing India’s export performance in the potato market, it’s fascinating to observe the growth trajectory. In 2022-23, India surpassed the previous year’s figures, exporting 460,664,186.00 kilograms, compared to 396,056,618.00 kilograms in 2021-22. The top importing countries for India include Nepal, Oman, Saudi Arabia, Indonesia, Malaysia, Vietnam, the United Arab Emirates, the Maldives, Kuwait, and Sri Lanka.
In 2021, India secured the 9th position among the top 10 countries exporting potatoes globally, with a total share of 3.19%. France dominated the market, claiming the first rank with 18.69% share, followed by Germany at 2nd place. The top importing countries globally include Belgium, the Netherlands, the USA, Spain, Russia, Germany, Italy, Greece, Canada, and France.
Understanding India’s role in the global potato market necessitates a closer look at domestic production. The top potato-producing states in India include Uttar Pradesh, West Bengal, Bihar, Gujarat, Madhya Pradesh, Punjab, Haryana, Assam, Jharkhand, and Chhattisgarh. These states contribute significantly to India’s overall potato output, shaping the country’s standing in the international trade arena.
As we navigate through the intricate details of global potato trade, it becomes evident that India is a key player in this dynamic market. With consistently growing export figures and a robust production base, India holds a pivotal position in meeting the global demand for this versatile tuber. As we move forward, tracking India’s progress in the potato export market promises to unveil new opportunities and challenges for the agricultural sector in the country.