India Aims for Russian Market with Banana Export Boom

India is targeting Russia to boost its banana exports after successful trial shipments to Europe. The country aims for USD 1 billion in exports via sea, developing protocols for ocean transport. With increased production and quality, India’s share in global banana exports has surged to 1.74% in 2023.

India, aiming to expand its banana exports, is now setting its sights on the Russian market following successful trial shipments to the Netherlands, according to an official statement on Monday.

The country's target is to achieve USD 1 billion in banana exports in the upcoming years, shifting from air transport to sea routes to handle larger volumes. Currently, most exports occur by air due to low volumes and varied ripening times.

In a bid to increase volume, India is actively developing sea shipping protocols for produce like bananas, mangoes, and pomegranates, facilitated by APEDA, a branch of the commerce ministry.

(With inputs from agencies.)