New Delhi: India’s agricultural exports are seen to touch $55 billion in 2025, Union Minister of Commerce & Industry Piyush Goyal said on Tuesday. Reuters quoted the saying that the government will not allow any tariff concessions on sugar imports under any trade deal.
The agriculture and allied sectors, such as animal husbandry and horticulture are closely linked to crop farming and play a vital role in diversifying rural incomes. As of July 2025, the government stated that Agriculture and processed food exports reached approximately USD 49.4 billion in Financial Year 2024-25, with processed food exports constituting around 20.4%. The processed food export has recorded a rise from 13.7% in 2014-15 to 20.4% in 2024-25.
Prime Minister Narendra Modi recently highlighted the necessity of making Indian agriculture export-oriented. He appealed to all the players to increase productivity and export strength.
PM Modi emphasised on focusing on high-value agriculture and mentioned the Budget 2026-27 proposals for region-specific promotion of crops like cocoa, cashew, and sandalwood. The Prime Minister noted that export oriented production would lead to rural employment through processing and value addition.
India’s trade deals with many countries
India’s free trade agreements with several countries over the years has helped the country to increase export of its agricultural products.
India–Mauritius FTA was signed in in 2021
India–UAE Comprehensive Economic partnership agreement was formalised in May 2022.
India–Australia Economic and Trade Agreement was implemented in December 2022. India sealed the EFTA TEPA on 10th March 2024.
The India–UK CETA was signed in July 2025.
India–Oman signed CEPA in December 2025.
The India–New Zealand FTA was announced on December 22, 2025
India–EU inked FTA on 27th January 2026.
India and the United States delivered framework for an interim agreement on 7th February 2026.