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India Physically Ships Out 3.775 Million Tonnes of Sugar Bangladesh emerges top buyer of Indian sugar followed by Somalia

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At least 3.775 million tonnes (mt) of sugar have been physically exported from India with Bangladesh buying 13.5 percent of the total shipments, data from the All India Sugar Traders Association (AISTA) show.

AISTA President Praful Vithalani said in a statement that mills, as of March 9, despatched 4.390 mt for exports of which 3.775 mt have been shipped out. Another 1.27 mt are being loaded onto ships or in the process of loading, while 4.87 mt have been delivered to refineries that enjoy a deemed export status.

Export quota

The exports are out of the 6 mt permitted by the Centre to be exported during the current sugar season to September. Millers and exporters exhausted the quota by signing deals at least a month ago.

AISTA data, sourced from Mumbai-based Dr Amin Controllers Pvt Ltd, showed that Bangladesh imported 5.11 lt of sugar from India followed by Somalia (3.36 mt), Djibouti (3.25 mt), Sudan (2.94 mt) and Indonesia (2.61 mt).

Source: The Hindu Business Line

 

Import/Export Statistics

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