Indian onion exports in trouble.
Various countries in the world like to buy Indian onions.
Last time, India suspended exports due to high onion prices.
The Prime Minister of Bangladesh, who was in India at the time, said she had asked his chef to stop using onions for a while.
The Malaysian people refused to buy onions imported from any country other than Indian onions and demanded their government to buy Indian onions.
Various countries accustomed to eating Indian onions were in great trouble during the Indian onion export ban.
No other country in the world can produce onions in the quality of Indian onions.
No country has been able to export onions commensurate with the price of Indian onions.
All the above information makes us realize the importance of Indian onion exports.
The major buyers of onions from India are Bangladesh, Malaysia, United Arab Emirates and Sri Lanka.
Last year, Bangladesh imported $ 100 million worth of onions from India.
Malaysia and the United Arab Emirates each imported $ 44 million worth of onions.
Sri Lanka imported $ 42 million.
Indian exporters are reluctant to do business as the economic situation in Sri Lanka is currently very bad.
Money has not yet arrived for onions already exported until December.
There has been a shortage of foreign exchange in Sri Lanka.
They could not pay for the imported item.
So now India lost Sri Lanka, one of the major markets for onion exports.
Bangladesh made a major decision last year as we often ban onion exports.
Undertook various measures to increase onion yield locally.
As a result, there has been a huge increase in onion production this year.
Implemented import duty on onions imported from India in order to protect farmers and traders who trade onions locally.
2.80 Dhaka money is levied as import tax per kg.
As a result, onion exports to Bangladesh have been hit hard this year.
Pakistan, Myanmar and Afghanistan have been accelerating onion exports, targeting the countries we export to every time when we ban onion exports.
But due to the quality and price of Indian onions, when our export ban was lifted, those countries came back to India.
Today we are starting to miss the opportunity to earn $ 100 million annually through Bangladesh due to improper management of domestic onion production and exports.
The two countries now in our hands are Malaysia and the United Arab Emirates.
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