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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.



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