Import & Export Pulses from India to Saudi Arabia

 

India is a major producer and exporter of Indian pulses. Traders from all over the nation export pulses to the nation across the globe. Pulses are the edible seeds of leguminous plants, such as peas, beans, and lentils. They have high protein content and are an essential part of a healthy diet. Pulses are also known as dal (lentils), tur (Arhar or pigeon pea), khesari, or urad in Hindi.

Pulses Exporters in India have developed a global reputation for their quality and purity of pulses. India is the world’s largest exporter of lentils, chickpeas, and dry peas accounting for over 40 percent of global trade in these commodities. According to the Food and Agricultural Organization (FAO) of the United Nations, India exported over 19 million metric tons (MMT) of pulses in 2017-18 which works out to be around 20 percent of global trade in pulses with an export value of US$ 7 billion.

Saudi Arabia is one of India’s biggest trading partners in Asia with bilateral trade valued at US$ 25 billion as per Indian government data for 2017-18. The country imports large quantities of pulses, rice from India as well as other commodities including iron ore and steel products such as rails, and rebar.

Saudi Arabia Pulses Import from India

Saudi Arabia is the leading importer of pulses from India in the global market. The country imported 1.49 million tonnes of pulses worth $2.29 billion during the 2019-2021 financial year, which was an increase of 4% in volume and 15% in value over the previous year’s imports.

India accounted for almost 44% share of Saudi Arabia’s total pulses imports during the 2019-2021 financial year, followed by Myanmar (17%), Canada (14%), Australia (7%), and China (5%).

Pulses Export from India to Other Countries

The major export destinations of Pulses from India are Bangladesh, China, Egypt, Iran, Iraq, Kuwait, Malaysia, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

Pulses export from India is expected to increase by 4% in the current fiscal year, according to the Indian Pulses & Grains Association (IPGA). The association has forecast that the total pulses production during 2019-2020 will be around 24.5 million tonnes which are higher than last year’s 23.8 million tonnes. It is also higher than the country’s target of 22 million tonnes for this fiscal year.

The export of pulses during 2019-2020 is estimated to be around 1.2 million tonnes which are lower compared to last year’s 1.3 million tonnes, said IPGA in its latest report.

The country exported around 5,500 MT of pulses during the January-April period of 2019-2020 as compared with 5,000 MT during a similar period last year, revealed data by the Directorate General of Commercial Intelligence & Statistics (DGCIS).

Buy Pulses in Bulk Through Tradologie.com

Tradologie.com is the world’s first digital trade platform for pulses and other agri-commodities. The platform offers pulses in bulk quantities across the globe.

Tradologie.com is a global e-commerce platform that facilitates sellers and buyers to connect directly with one another to sell, buy pulses and trade other agri-commodities.

It has 500,000+ verified buyers and 50,000+ verified sellers from all over the globe. Buyers can negotiate with sellers in real-time without making any phone calls or emails.

Source Url:-  https://blog.tradologie.com/import-export-pulses-from-india-to-saudi-arabia/


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