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Tea exports at 36 year high, says Tea Board

19-Feb-2018
Tea exports at 36 year high, says Tea Board

Indian tea exports have touched a record high of 240.7 million kg in 2017, surpassing the 241.3 million kg high achieved in 1981 according to quick provisional figures released by the Tea Board. Five importing countries, including two of India’s rivals in the global arena, helped India reach this export level.

Exports were 8.2 % higher by volume and 5.9 % higher by value at ?4731.7 crore , the regulator said in a statement. In dollar terms, exports increased by 9.3 % to $ 726.7 million. India exported 222.5 million kg in 2016.

Both the tea-growing regions in north and south India, registered higher exports, between January and December 2017 over the previous year.

The biggest contributors to this performance was Egypt , which increased exports by 166 %, followed by Sri Lanka, which increased imports by 84.8 % and China where Indian tea exports increased by 50 %.

Source;- Thehindu.com

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