Domestic Honey Export Up More Than 200% Over Last Decade
Capital MarketAccording to a latest update from the Ministry of Tribal Affairs, domestic Honey exports have been soaring. With international demand for honey growing, India exports 50 per cent of the commodity and in the last 12 years, exports have increased by 207%. India has exported 61,333.88 MT of natural honey worth Rs.732.16 crores i.e. USD 105.48 million dollars to USA, Australia, UAE, Saudi Arabia. Morocco, Qatar Germany, UK, Japan, France, Spain and Italy being the main markets. As per the latest data from the 'National Bee Board' under the Department of Agriculture, the country's total honey production reported in 2017-18 was 1.05 lakh metric tonnes, compared to the 35,000 metric tonnes in 2005-06.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
