Tea export in the first 6 months of the year increases to 96.89 million Kg

Tags: Economy/Finance

According to the Tea Board of India, Kolkata, the total export of tea during the first six months January to June 2022 has increased to 96.89 million kg as compared to 86.46 million kg in the similar previous period.

Total value of exports in rupee terms increased to Rs 2,532.67 crore in the current first half as compared to Rs 2306.77 crore in the previous similar period.

IMPORTANT FACTS -

Major Tea Export Market for India : 

The largest export market for India is still the Commonwealth of Independent countries (CIS). CIS is a group of 9 countries who were once part of the Soviet Union. It includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan.

The export of tea has decline to the CIS countries in the first six month of the current year due to Russia-Ukraine war. It has declined to 20.58 million kg during the current six months against 21.04 million kg in the previous period of 2021.

Country wise :

The largest export market for Indian tea was the United Arab Emirates (UEA).   It imported 15.86 million kg during the current first six months as against 6.76 million kg in the previous similar period.

In second place was Russia with an import of 14.76 million kg.

At the third place was Iran with an import of 11.43 million kg in the current first half as against 10.04 million kg in the previous period.

ADDITIONAL INFORMATION -

Largest Exporter of Tea in the world (2021 data) :

India is the 2nd largest producer of tea in the world after China. It is the fourth largest exporter of tea in the world.

The largest exporter of tea in the world is Kenya (28% of global export) followed by China (19%), Sri Lanka (14%) and India (11%).