Commodities

Coffee exports up 50% to 42,611 t in April

| Updated on: May 03, 2011
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The country’s coffee exports jumped by 50.40 per cent in April this year to 42,611 tonnes, buoyed by robust global demand.

Shipments of the product stood at 28,332 tonnes in the year—ago period, according to the latest data released by the Coffee Board of India.

Total export value realisation jumped over two—fold to $125.58 million in April, 2011, from $55.81 million in the year—ago period.

Export earnings in rupee terms in the period under review also rose more than two—fold to Rs 554.80 crore from Rs 264.81 crore in the corresponding period of the previous year.

The per tonne value realisation for Indian coffee was higher in April, 2011, at Rs 1,30,201/tonne, compared to Rs 93,466/tonne in the year—ago period.

Exports of the brew rose by 46.13 per cent to 1,44,383 tonnes in the first four months of the current year from 98,801 tonnes in the year—ago period.

The total value earned in US dollars more than doubled to $442.50 million during January, 2011, to April, 2011, compared to $211.30 million in the corresponding period of the previous year, the data said.

The export earnings in rupee terms also more than doubled in the period under review to Rs 2,041.36 crore from Rs 1,005.88 crore in the same period of the previous year, it added.

Published on May 03, 2011

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