Activated carbon boosts India’s coconut and product exports by 41% in FY22
Other Fresh Coconut
India
Published Jun 20, 2022
Tridge summary
India's activated carbon is gaining popularity in comparison to other producing countries. Germany, Russia, Korea, the Netherlands, Belgium, Canada, and other countries also shipped the product.
Original content
Due to increased shipments of activated carbon, India's coconut and product exports totaled Rs 3,237 crore in 2021-22. Shipments increased by more than 41% to Rs 2,295 crore in the 2020-21 fiscal year. With a shipment of 1,37,363 tonnes, activated carbon generated export revenue of Rs 2,064 crore. According to official sources, the United States remained the top destination for activated carbon exports, a medium used for gold extraction and purification. Germany, Russia, Korea, the Netherlands, Belgium, Canada, and other countries also shipped the product. According to industry sources, rising gold prices and the opening of new gold mines have resulted in a thriving global market for activated carbon. India's activated carbon is gaining popularity in comparison to other producing countries. According to data released by the Directorate General of Commercial Intelligence and Statistics in Kolkata, coconut oil and fractions were the second-best in the country's export basket, ...
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