India's coffee exports reach record high in FY25, tea exports at 10-yr high
This story was originally published at 18:06 IST on 16 April 2025
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MUMBAI – India's coffee exports registered a record high value of $1.8 billion in the financial year 2024-25 (Apr-Mar), surpassing the previous high of $1.1 billion achieved in FY24, according to data released by the Ministry of Commerce and Industry on Wednesday. Exports of tea reached a 10-year high of $924 million, up 11.8% from FY24.
Gems and jewellery exports in FY25 were worth $29.8 billion, down nearly 9%, the data showed. India exported $12.5 billion worth of rice in the year, up almost 20% from FY24. India's tobacco exports rose 36.5% to $1.98 billion, and exports of fruits and vegetables rose 5.7% to $3.9 billion, according to the data.
India's cashew exports declined marginally to $338.2 million in FY25, the data showed. Oilmeal exports in the year were valued at $1.34 billion, down 21.6%. Exports of oilseeds also fell 6.5% to $1.34 billion. The exports of petroleum products stood at $63.3 billion, down nearly 25% from FY24, according to the data.
Imports of gold rose 27.4% to $58 billion. The country's imports of crude oil and petroleum products rose nearly 4% to $185 billion in FY25, while imports of iron and steel were valued at $22.6 billion, down 4.6%, according to the data. The value of raw cotton and cotton waste imports more than doubled to $1.2 billion during the year, and the value of vegetable oil imports rose by 16.6% from FY24 to $17.3 billion. The imports of fruits and vegetables rose by almost 12% to $3.3 billion in FY25, according to the data.
India's imports of silver fell by 11% to $4.8 billion in FY25, and imports of pearls and precious and semi-precious stones were $18 billion, down 24.4%. Pulses imports in FY25 stood at $5.5 billion, up 46%. The value of coal, coke and briquette, imports fell by 20% to $31.1 billion, according to the data. End
US$1 = INR 85.67
Reported by Ashutosh Pati
Edited by Rajeev Pai
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