india sugar exports: India exports 16.92 lac tons of sugar until Jan 4 of 2022-23; over 59K tons to China

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India has exported 16.92 lakh tonnes of sugar until January 4 of the continued 2022-23 advertising yr, together with 59,596 tonnes of the sweetener to neighbouring China, commerce physique AISTA mentioned on Tuesday. Amongst different neighbouring nations, India has exported 1.47 lakh tonnes of sugar to Bangladesh, and 82,462 tonnes to Sri Lanka throughout October-January 4 of the present advertising yr, All India Sugar Commerce Affiliation (AISTA) mentioned in a press release.

The sugar advertising yr runs from October to September. The federal government has allowed export of 6 million tonnes until Could of the 2022-23 advertising yr.

In line with AISTA, mills have exported a complete of 16,92,751 tonnes of sugar from October 1, 2022 to January 4, this yr.

Over 3.47 lakh tonnes of sugar is below loading, whereas 2.54 lakh tonnes of sugar has been delivered to refineries thought-about to be deemed export within the mentioned interval, it mentioned.

Of the overall exports undertaken thus far, most exports have been to Somalia at 1.70 lakh tonnes, adopted by the UAE at 1.69 lakh tonnes, Djibouti at 1.50 lakh tonnes, and Sudan at 1.37 lakh tonnes.

India exported 1.36 lakh tonnes to Malaysia, 1.18 lakh tonnes to Indonesia, and 1.08 lakh tonnes to Saudi Arabia until January 4 of the present advertising yr, AISTA added.

Sugar exports from India, one of many world’s main sugar producing nations, stood at 11.2 million tonnes within the 2021-22 advertising yr.

AISTA has made an preliminary projection of sugar output to be decrease at 35.8 million tonnes in the course of the 2022-23 advertising yr, from a document 36.5 million tonnes within the earlier yr.

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