Factors affecting Prices of Agricultural Commodities
According to the USDA, India was the sixth largest net exporter of agricultural goods in 2013 with exports of $39 billion, ranking it as the 7th largest agricultural exporter globally. Agriculture accounts for just over 14.7% of total export earnings. In addition, over 20% of Indian exports are made up of goods made from agricultural raw materials. In other words, agricultural-related goods account for 38% of all exports from the country.
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