Tea exports surge 4.57% in January-July 2017

Despite India's staple tea importers like Russia, UK, Germany and others stagnating their purchases this year, tea exports from India, during the January- July period grew by 4.57 per cent, thanks to increased purchases from Kazakhstan, Iran, U.A.E., Egypt and others.

Although unit prices, both in terms of the Dollar and Rupee remained almost flat, increased sales volume at 121.13 million kg (mkg) during this period, led to an upturn of 7.16 per cent in total forex earnings at $ 360.65 million.

Exporters said there has been three primary unique trends in the export market this year. In the first place, the