Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Timeout
  • Entertainment
  • Sports
  • Sci-Tech
  • Others
    • COVID-19
    • Today’s Pic
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Timeout
  • Entertainment
  • Sports
  • Sci-Tech
  • Others
    • COVID-19
    • Today’s Pic
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Tea exports rise 18 per cent in first 10 months of 2022

PTI
Updated: January 6th, 2023, 18:20 IST
in Business
0
Tea exports rise 18 per cent in first 10 months of 2022

Pic- economictimes

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Kolkata: Tea exports from India have increased 18.1 per cent at 185.31 million kilograms between January and October 2022, from 160 million kilograms in the similar previous first ten months.

According to Tea Board data, the CIS block countries remained the largest importer at 43.65 million kilograms during the first ten months of 2022, up from 36.95 million kilograms in the same period the previous year.

The UAE surfaced as the second largest importer at 32.95 million kilograms during the period in 2022, substantially higher from 12.45 million kilograms in the previous similar period.

Iran, which had been a big importer of the Indian orthodox variety, imported 19.52 million kilograms in the period January to October 2022, lower from 21.45 million kilograms in those 10 months in 2021.

Secretary general of Tea Association of India (TAI) P K Bhattacharya said that though shipments to Iran had fallen, the silver lining is that UAE has surfaced as a major importer after the CIS block.

Tea industry sources said it is not clearly known why Iran is not placing orders with India and suddenly stopped buying in the last two months. Even there has been no response from Tea Board on this issue, an industry source claimed.

Russia remained the largest importer in the CIS block at 32.80 million kilograms in the first 10 months of 2022.

Industry sources said shipments to Russia got affected due to the logistics difficulties caused in the aftermath of the armed conflict with Ukraine which is continuing.

The UK and the USA were moderate buyers at 8.33 million kilograms and 10.42 million kilograms in the first 10 months of 2022.

In the January-October period last year, the trade had earned foreign exchange of USD 650 million, higher from USD 590 million in the same previous period.

–PTI

Tags: ExportsIndiaTea
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

Related Posts

Dell logo

Dell considering a fresh investment in Bengaluru, says Karnataka govt

September 30, 2023
Rs 2000 note

RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7

September 30, 2023
Capitol

US: On brink of a government shutdown, Senate tries to approve funding but it’s almost too late

September 30, 2023

OYO founder Ritesh Agarwal joins ‘Shark Tank India 3’

September 30, 2023
TCS

TCS ending hybrid work, asks staff to join office starting Oct 1: Report

September 30, 2023
Pakistan IMF

IMF bailout conditions make life harder for ordinary people in Pakistan

September 30, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

No Content Available

Archives

Editorial

Inspirational Tale

September 30, 2023

Transfers are an essential tool for the government to maintain control. However, frequent transfers of babus, especially those who perform...

Read more

Only Brave Talk

September 27, 2023

When China’s President Xi Jinping told the International Olympic Committee chief Thomas Bach in Hangzhou a day before the opening...

Read more

Road Tragedy

September 26, 2023

The recent late night road mishap that resulted in the death of a young medical practitioner Dr Amit Bisoi on...

Read more

Impeachments Galore

September 25, 2023

The US is surfeit with impeachments of its Presidents – past and present. After former President Donald Trump went through...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Sports
  • Sci-Tech
  • About Us
  • Advertise
  • Contact Us
  • Career
Developed By Ratna Technology

© 2020 All rights Reserved by OrissaPOST

  • Home
  • Metro
  • State
  • National
  • International
  • Sports
  • Business
  • Entertainment
  • Feature
  • Opinion
  • Sci-Tech
  • COVID-19
  • Today’s Pic
  • About Us
  • Contact Us
  • Career
  • Facebook
  • Twitter

© 2020 All rights Reserved by OrissaPOST