South Korea opens its market for Indian mango

Mango exports from India might see a significant boost this year, with South Korea allowing import of the fruit after conducting the stringent pest risk analysis (PRA). South Korea imported mangoes worth $48 million in 2016 mainly from Thailand, the Philippines, Taiwan, Vietnam, Pakistan, Australia, Peru and the United States.India’s entry into the South Korean market would boost competition, as mango originating from India has been popular in the Middle East, the Far East, the United States and Europe. In an advisory dated March 14, 2017 issued to its members, Agricultural and Processed Food Products Export Development Authority (Apeda) said, “South Korean Animal and Plant Quarantine Agency (QIA) has finally agreed importation of Indian mangoes into South Korea after Vapour Heat Treatment (VHT) in specified temperature condition. The export would be allowed for the produce sourced from the registered farmers under Apeda Horti net system and fresh requirement at the designated facilities. So, interested exporters may book their slots for processing of mangoes for export to South Korea.”  Financial Astrology Tips

Opening up new markets assumes significance, as India’s fresh mango exports declined nearly 15 per cent last year. Data compiled by Apeda showed India’s export of fresh mango stood at 36,329 tonnes for 2015-16 compared to 42,998.31 tonnes in the previous financial year. In value terms, however, exports remained flat at $49.49 million for 2015-16 as against $50.26 million for the previous year. United Arab Emirates (UAE) imports over 50 per cent in volume and 60 per cent in value, followed by United Kingdom. “We have started booking orders from overseas for delivery few days later, as export-quality mango is yet to arrive in the market here. We are continuously enquiring with suppliers who are just buying time. By now, however, we could have dispatched some consignments in previous years,” said Dheeraj Patel, owner of Ahmedabad-based V B International, a mango trader and exporter. The company exports the fruit to Italy among other countries. Astrology and Numerology Trading Tips