India's 2016-17 tea exports drop 4.3 percent - Board

The south Asian country's export to Pakistan plunged 42.7 percent to 11.11 million kg in the year ended March 31, while Russia bought 44.17 million kg, down 8.4 percent from a year ago.
Image used for representational purpose.  (Reuters)
Image used for representational purpose. (Reuters)

MUMBAI (Reuters) - India's tea exports in fiscal 2016-17 fell 4.3 percent from a year ago to 222.93 million kg as Pakistan and Russia trimmed purchases, the state-run Tea Board said in a statement.

The south Asian country's export to Pakistan plunged 42.7 percent to 11.11 million kg in the year ended March 31, while Russia bought 44.17 million kg, down 8.4 percent from a year ago, it said.

India, the world's second-biggest tea producer, exports CTC (crush-tear-curl) grade mainly to Egypt, Pakistan and the UK, and the orthodox variety to Iraq, Iran and Russia.

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