Breaking News

You are here » Indian-Commodity  :  Commodities  :  Coffee  :  Coffee exports rises 11.5% to $92.42 million in April

07-Jun2017

Coffee exports rises 11.5% to $92.42 million in April

The exports of coffee grew by 11.5% year-on-year and stood at $92.42 million in April this fiscal compared to exports worth $82.88 million in April last year. This growth in exports is on account of strong demand in the global markets. In rupee terms, the exports recorded a growth of 8.22 % at Rs 596.17 crore in April.

Coffee output in the 2016-17 crop year is estimated to decline to 3,16,700 tonnes from the record level of 3,48,000 tonnes achieved last year, due to severe drought in some key growing states, especially Karnataka.

India accounts for about 4.5 % of the world coffee production and the industry provides jobs to over six lakh people. India mainly ships robusta and arabica varieties of coffee besides instant coffee.



Related News

View all news

Coffee exports rises 8.08% to 3.61 LT in Jan-Nov period

The exports of coffee from India rose by 8.08% to 3.61 lakh tonnes (LT) in January-November 2017 compared to 3.34 LT in the same period of last year. India, Asia's third-largest producer and exporter,......

India's coffee output pegged at record 3.5 LT in 2017-18: Coffee Board

The production of coffee in India is projected to be at record 3.50 lakh tonnes (LT) in the 2017-18 marketing year on account of higher acreage. Of the total output of 3.50 LT, the Coffee Board estimates......

Coffee exports rises 11.5% to $92.42 million in April

The exports of coffee grew by 11.5% year-on-year and stood at $92.42 million in April this fiscal compared to exports worth $82.88 million in April last year. This growth in exports is on account of strong......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......