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Pepper exports plunge 40% in April-December; imports rise

Pepper exports plunge 40% in April-December; imports rise

Saturday, April 15, 2017, 8:33 PM

Indian pepper exports during April- December 2016 plummeted by 40% while imports continued to increase.According to Spices Board sources, India shipped out 14,100 tonnes valued at Rs.903.38 crore during the first nine months of the FY 2016-17, against 23,450 tonnes valued at Rs.1,438.15 crore in the corresponding period last financial year. Much of the pepper imports in 2016 were from Vietnam, trade sources said.
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