India's coffee exports up over 50% to 42,611 tonne in April

The country's coffee exports jumped by 50.40% in April this year to 42,611 tonne, buoyed by robust global demand.  

Shipments of the product stood at 28,332 tonne in the year-ago period, according to the latest data released by the Coffee Board of India.

Total export value realisation jumped over two-fold to $125.58 million in April 2011, from $55.81 million in the year-ago period.

Export earnings in rupee terms in the period under review also rose more than two-fold to Rs 554.80 crore from Rs 264.81 crore in the corresponding period of the previous year. 

The per tonne value realisation for Indian coffee was higher in April, 2011, at Rs 1,30,201/tonne, compared to Rs 93,466/tonne in the year-ago period.

Exports of the brew rose by 46.13% to 1,44,383 tonne in the first four months of the current year from 98,801 tonne in the year-ago period.

The total value earned in US dollars more than doubled to $442.50 million between January 2011 to April 2011, compared to $211.30 million in the corresponding period of the previous year, the data said.

The export earnings in rupee terms also more than doubled in the period under review to Rs 2,041.36 crore from Rs 1,005.88 crore in the same period of the previous year, it added. India largely exports coffee to Italy, Germany, Belgium, the Russian Federation and Spain.