Latin America continues to be a large market for India’s exports. India’s exports to Latin America amounted to $12.74 billion in 2020-21 (April-March), according to the figures released by the Commerce Ministry of India.  India’s total global exports have declined by 7% from $313 billion to $291 billion in the same period. Brazil continued as the number 1 destination of India’s exports to the region, with shipments valued at $4.25 billion.

India hopes to improve grape exports this season. According to the All India Grape Exporters Association president, Jagannath Khapre, around 1.92 lakh tonne was the previous record for Indian grape exports and the country is likely to cross this mark this year, due to a good monsoon and the prevailing good weather conditions in the grape growing regions. On the other hand, the table grape crop in Chile is expected to suffer a loss of 15% to 20% as a result of the unfavourable climate this season and the devastating impact of El Nino.