Russia increased imports of tea and coffee from India by a third in the first half of the year

Published 2024년 9월 1일

Tridge summary

In the first half of the year, Russia has seen a significant increase in its imports of tea, coffee, and spices from India, with the total cost of these imports rising by one-third compared to the same period last year to a total of 62.8 million dollars. The most prominent increase was in coffee imports, which more than doubled. Tea and spices, including pepper, cinnamon, nutmeg, and other varieties, also saw increases in import volumes. As a result, Russia has moved up in the rankings of the world's top importers of these products, now holding the 11th position with a 2.8% share, up from 12th place the previous year. India's total export of coffee, tea, and spices also experienced a 22.3% increase compared to last year, reaching 2.9 billion dollars in the first half of this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of this year, Russia increased its purchases of tea, coffee and spices from India in monetary terms by a third compared to the same period last year. This was reported by RIA Novosti with reference to data from the Indian statistical service. In total, these products were imported for a total of 62.8 million dollars. Individual purchases for June also increased by almost the same amount, by 32%, and amounted to 12.3 million. Our country imported the above-mentioned drinks most actively. For example, tea was supplied to Russia for a total of 43 million dollars, or 20.5 percent more year-on-year. The indicator for coffee increased especially sharply – more than twofold, or up to 12 million. Spices were purchased in small quantities – 3.9 million dollars. The bulk of this, about two million, was pepper. Cinnamon purchases amounted to 10 thousand dollars, nutmeg – 80 thousand. The remaining 1.9 million are other spices, including ginger, curry, turmeric and saffron. ...
Source: Rosng

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