Home Business India overtakes Sri Lanka as second largest tea exporter
Business

India overtakes Sri Lanka as second largest tea exporter

Share
Share

According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world.

While Kenya retained the first spot in global tea exports, India surpassed Sri Lanka to take the second spot.

Kenya exported over 500 Mkg of tea in 2024.

In 2023, India and Sri Lanka were neck-in-neck in tea exports with around 231 Mkg, but in 2024 India overtook the island nation with 24 Mkg more exports.

India’s 2024 figures were also its second-best export margins behind 2018 when it exported around 256 Mkg of tea.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

Central Bank has room to cut rates but will be cautious, says governor

The Central Bank of Sri Lanka (CBSL) has room to cut interest...

Business

Price controls impact Keeri Samba availability in Pettah

Rice wholesalers in Colombo’s Pettah market have halted the sale of Keeri...

Business

Palm oil ban drains Sri Lanka’s reserves by $35 Million annually, warns industry body

Sri Lanka’s ban on palm oil cultivation is costing the country millions...

Business

Sri Lanka borrows $100 mn from IDA for Integrated Rurban Development Project

The Government of Sri Lanka has arranged to borrow USD 100 million...