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Agri-Biz & Commodities - Tea
Q1 tea exports up 3.9 mkg

Our Bureau

Kolkata, Aug 10 Between January and June, India exported 87.4 million kg (mkg) of tea (44.7 mkg North Indian and 42.7 mkg South Indian varieties), up by 10.4 mkg over the same period of 2007, when exports were to the tune of 77 mkg, comprising 38.2 mkg of North Indian and 38.8 mkg of South Indian varieties, according to statistics released by the Indian Tea Association (ITA).

The earnings from exports in first six months, at Rs 883.32 crore, showed an increase of Rs 116.57 crore over Rs 766.75 crore earned in the same period of last year.

Between April and June (first quarter of the current fiscal), tea exports were 36.5 mkg (14.4 mkg of North India and 22.1 mkg of South Indian varieties) compared with 32.6 mkg (15.3 mkg of North Indian and 17.3 mkg of South Indian varieties), or up by 3.9 mkg.

Q1 earnings

The earnings from exports during the period at Rs 388.2 crore (Rs 350.2 crore) showed an increase of Rs 37.99 crore.

Between January and May, ITA figures suggest, the country imported 6.56 mkg of tea worth Rs 46.74 crore compared with 4.89 mkg worth Rs 36.72 crore in the same period of 2007.

Nepal supplied 2.12 mkg (1.27 mkg in the same period last year), Indonesia 1.44 mkg (0.88 mkg), Kenya 1.24 mkg (1.11 mkg), China 0.36 mkg (0.28 mkg) and Argentina 0.35 mkg (0.37 mkg).

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