May coffee exports down 11% at 34,415 tonnes bl-premium-article-image

PTI Updated - June 01, 2012 at 05:14 PM.

In the first two months of the current financial year, exports fell six per cent to 72,050 tonnes from 76,389 tonnes in the April-May period of the 2011-12 fiscal.

Coffee exports declined 11 per cent to 34,415 tonnes in May this year, according to the latest Coffee Board data.

The country had shipped 38,459 tonnes in the same month of 2011.

In the first two months of the current financial year, exports fell six per cent to 72,050 tonnes from 76,389 tonnes in the April-May period of the 2011-12 fiscal.

Earnings from overseas shipment in rupee terms rose 3 per cent to Rs 1,069.94 crore in April-May period of 2012-13 against Rs 1,037.94 crore in the year-ago period.

However, in terms of US dollars, the earnings declined 10 per cent to $210.59 million from $233.22 million.

In the first eight months of the current coffee year, exports fell four per cent to 2,30,883 tonnes from 2,39,758 tonnes in 2010-11 coffee year (October-September).

In the January-May period of the current calendar year, coffee shipments fell marginally to 1,73,358 tonnes from 1,74,542 tonnes in the year-ago period.

Arabica exports declined to 35,275 tonnes in the first five months of 2012 from 37,043 tonnes in the same period in 2011, while shipments of robusta fell to 96,693 tonnes from 97,589 tonnes.

Published on June 1, 2012 08:52