rediff.com

India Coffee Exports Rise 12% to USD 1.28 Billion in 2023-24

Share on:

By Rediff Money Desk, New Delhi   May 24, 2024 15:44

India's coffee exports surged 12.22% to USD 1.28 billion in 2023-24, driven by robust global demand for Robusta coffee. Learn more about India's coffee export performance and key markets.
India Coffee Exports Rise 12% to USD 1.28 Billion in 2023-24
New Delhi, May 24 (PTI) India's coffee exports rose by 12.22 per cent to USD 1.28 billion in 2023-24 on higher demand for Robusta coffee in the global markets, according to the commerce ministry data.

The country exported coffee worth USD 1.14 billion in 2022-23.

India is Asia's third-largest producer and exporter of coffee. The country grows Arabica and Robusta varieties.

Arabica coffee beans have less caffeine content than the Robusta. Arabica has sweet and smoother taste, while Robusta is generally more bitter and harsher on the taste buds.

In volume terms, coffee shipments from India rose 13.35 per cent to 1,25,631 tonnes during the January-March period of 2023-24. The country had exported 1,10,830 tonnes of coffee in the same period in 2023.

Italy, Russia, the UAE, Germany and Turkey are major coffee export destinations for India.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!