Onion exports in value terms during April-December period of 2013-14 have risen by 59 per cent to Rs 2,532 crore (Rs 25.32 billion) on account of higher export price fixed by the government.
Exports during the same period in 2012-13 fiscal stood at Rs 1,590.79 crore (Rs 15.9 billion), according to National Horticultural Research Development Foundation data.
In the entire 2012-13 discal, the country had exported onions worth Rs 2,294.90 crore (Rs 22.94 billion).
During April-December period of 2013-14, in quantity terms onion exports declined by 30 per cent to 9.87 lakh tonnes as compared with 14.04 lakh tonnes in the corresponding period of previous financial year.
India exported 18.22 lakh tonnes of onions in the entire 2012-13 fiscal.
The government imposed MEP on onion in September and then it was raised several times to curb exports and boost domestic supplies as retail prices had shot up as high as Rs 100