Import/Export Industry Notifications

Maharashtra has become the country’s largest exporter of bananas between April 2020 and February 2021, with exports crossing 1.34 lakh tonne. The country’s banana exports have crossed 1.91 lakh tonne in the same period.

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Goods exports from the country in the first seven days of June 2021 continued on the fast track, growing 52.39% (year-on-year) to $7.71 billion, led by engineering goods, petroleum products, and gems & jewellery.

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On Tuesday, the Ministry of Commerce and Industry informed about opening a window of possibilities of boosting groundnut exports from the eastern region; a consignment of 24 metric tons (MT) of groundnuts was exported to Nepal from West Bengal.

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Even as India has sought a three-month extension from the European Union (EU) to barter and resolve with Pakistan its dispute over Protected Geographical Indication (PGI) standing for Basmati rice, it might face a rigid state of affairs with the EU making an attempt to arrange a “New Basmati Authenticity Protocol.”

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High-value aquaculture shrimp production has facilitated Vizag Port to continue to be the leading port in India in handling seafood exports in terms of dollar earnings for FY21. Vizag port has earned 28% out of the total $5.96 billion out of marine exports.

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Shippers are desperate for someone to solve the current problems vexing container shipping, but anyone thinking government intervention is an option should reconsider that.

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Sub: Made-ups exports to Peru are free from any Safeguard Measures.

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Clearing of goods at Chennai port, airport, and container freight stations is getting affected as employees of logistics service providers, including Customs brokers, cannot travel due to non-issuance of e-passes for two-wheelers. About 2,000 e-passes are required daily; travel by 4-wheelers, not cost-effective.

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The pandemic caused heavy disturbances. US and European ports became gummed up with PPE and medical equipment. This resulted in port delays and tens of thousands of containers being out of position at destination when needed at origin, further exacerbating a lack of space. Shipping lines that had cut back in the pandemic have been caught on the hop.

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