India is the 2nd largest exporter of tobacco behind Brazil. It exports various types of tobacco and tobacco products such as stripped, wholly stemmed, cigar cheroots, smoking tobacco, homogenized, flue-cured, sun-cured, extract and essence, FCV tobacco, unmanufactured tobacco and various tobacco products.
During 2021-22, India exported FCV tobacco amounting to 1.11 lakh tonne. The quantity of total exports in April 2022 was 15,047 tonnes (valued at US$ 52 million), a 61% increase from the same period in the previous year. The value of the total FCV tobacco exports during 2021-22 was Rs. 2,858 crore (US$ 359 million). In the same year, the country exported 27,742 tonne. The exports of the products in April 2022 increased by 55% to 2,501 tonne from April 2021.
The exports of unmanufactured tobacco during 2021-22 was 1.81 lakh tonne. During April 2022 and May 2022, the exports of unmanufactured tobacco increased by 51% and 14%, respectively, over the same period in the previous year. The value of the total exports during the same period was Rs. 4,102 crore (US$ 515 million). During the year 2021-22, India exported tobacco and tobacco products worth a total of US$ 923.8 million.
In February 2022, the export of tobacco from India was US$ 78 million, a 12.78% rise from February 2021. Also, the month on month growth of exports for February 2022 was 20%. From November 2021 to February 2022, tobacco exports in India grew at a CAGR of 7.6%.