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Tea exports rise 7% in April-January in FY18

IANS  |  Kolkata 

India's exports grew by nearly 7 per cent to 200.67 million kg during April-January period of 2017-18 (FY18) as compared to 188.10 million kg exported in the corresponding period of last fiscal.

While exports to Russia, Ukraine, and fell, those for Pakistan, China, and showed improvement.

According to provisional data of the Board India, exports, in value terms, stood at Rs 3,970.37 crore in the 10 months of the current fiscal, up by about 2.5 per cent from Rs 3,874.82 crore in the year-ago period.

However, in January alone, export was down marginally by 2.28 per cent to 20.55 million kg as against 21.03 million kg exported in the year-ago month. In value terms, exports during the month also fell to Rs 408.74 crore, from Rs 412.35 crore in January 2017.

In volume, exports to CIS countries, including Russia, and Kazakhstan, were at 46.92 million kg in the April-January 2017-18, down from 49.63 million kg in the same period of 2016-17.

Exports to the UK also fell to 13.66 million kg in the 10-month period of FY18 as against 13.96 million kg in the year-ago period while exports at 7.98 million kg to during the period were also down from 8.76 million kg exported in corresponding months of 2016-17.

Exports to went up to 24.62 million kg, from 21.06 million kg.

As much as 8.87 million kg of was shipped out to during the 10-month period of 2017-18, up from 2.98 million kg in the year-ago period.

Tea exports to stood at 12.73 million kg in the period under review, as against 9.65 million kg exported in the corresponding period of 2016-17. India's tea exports to during the period were at 6.66 million kg, up from 5.14 million kg.

achieved the highest tea exports during 2017 (January-December) after 36 years, pegged at 240.68 million kg.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 14:14 IST