Can Bangladesh crisis lead to short-term spikes in agri commodity prices?
India exported agricultural and allied commodities worth approximately $5,541.8 million to Bangladesh in FY22, marking a 94 per cent increase over the previous year, with major exports including cotton, wheat, non-basmati rice, and sugar. On the flipside, India imported agricultural commodities worth $558.12 million from the country, with key imports including spices, oil meals, jute and vegetable oils.
Bangladesh announced a three-day trade holiday on Sunday. | File photo | Image: Pexels