Tea import decreases by 7.99% in first half of FY 16-17

Tea import into the country during first half of current financial year decreased by 7.99 percent as compared to the imports of the corresponding period of last year.  During the period from July-December, 2016-17, about 107,408 metric tonnes of tea worth $257.584 million imported to fulfil the domestic requirements as compared to imports of 91,090 metric tonnes worth $279.953 million of the same period of last year.

According the data, during the last two quarters, spices import into the country also reduced by 5.45 percent as 85,331 metric tonnes of spices valuing $64.852 million imported as compared to the imports of 77,155 metric tonnes worth $68.595 million of the same period of last year.

During the period under review about 6,115 metric tonnes of sugar valuing $2.558 million imported as compared to 7,671 million worth of $4.02 million of the same period of last year.  During the first half of current financial year, food group import increased by 9.04 per cent as compared to same period of last year.

Different food commodities worth $2.846 billion were imported into the country in last two quarters as compared to the imports of 2.626 billion of the same period of last year.

The other commodities which registered witnessed positive growth in their imports included milk cream and milk food for infants by 1.23 percent, dry fruits and nuts by 28.70 percents and palm oil by 1.73 percent respectively.

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