Tea exports touch record 256.5 million kilos in FY18
- PTI
- May 9, 2018
Kolkata: Tea exports during 2017-18 touched an all time high of 256.6 million kg as compared to 227.63 million kg in the previous fiscal.
Production of tea during the last financial year reached 1325 million kg, an increase of almost 75 million kg in 2016-17, a press statement issued by Tea Board said today.
Export realisation in the last financial was USD 785.92 million. In 2016-17, export realisation was USD 95.19 million lower, the statement said.
The growth in exports was primarily driven by countries like Egypt (a rise of 7.5 million kg), Iran (an increase of 6.95 million kg), Pakistan (increase of 4.96 million kg), China (a rise of 2.91 million kg) and Russia (an increase of 2.89 million kg).
The earlier record for highest quantity of tea exports was during 1976-77 when the total quantum exported was 242.4 million kg, the statement added.
Total production during the last fiscal was also an all-time high of 1325 million kg.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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