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Tea export volumes and earnings fall
Mint Mumbai
|November 27, 2023
China is the world's largest exporter of tea followed by Sri Lanka, Kenya and India
India saw a slump in its tea shipments during April-October and export earnings also took a beating amid softer prices and challenges in traditional markets Russia and Iran.
According to official data from the commerce ministry, India exported tea worth $463.58 million between April and October, down from to $482.78 million in the year-ago period.
In terms of volume, India’s tea exports stood at 133.32 million kg during the January-August 2023 period, down 4.22% yearly, according to the data.
Competitor Sri Lanka exported 211.91 million kg of tea between January-October 2023, down 5.6% from the same period of the previous year. January-October figures for volumes are not available for India.
China is the world’s largest exporter of tea followed by Sri Lanka, Kenya and India.
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