Sugar exports at 2.7 million tonnes in FY23 so far; Bangladesh top market: AISTA
- IBEF
- February 10, 2023
According to the All India Sugar Trade Association (AISTA), India exported a total of 27.83 lakh tonnes of sugar, with Bangladesh and Indonesia as the top destinations as on 9th February 2023. In FY22, India, the world's largest producer of sugar, exported 112 lakh tonnes of sugar. As the sugar marketing year runs from October to September, the government had permitted the export of 60 lakh tonnes till May of the 2022-23 marketing year.
Between the period of October 2022 – February 2023, India exported a total of 2.47 lakh tonnes of the sweetener to Djibouti, 2.46 lakh tonnes to Somalia, and 2.06 lakh tonnes to the UAE. During the same period, sugar mills exported a total of 2,783,536 tonnes of sugar and approximately 4.24 lakh tonne of sugar is under loading, while 3.79 lakh tonne of sugar has been sent to refineries, which is deemed export.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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