The total value of tea, coffee, and spices purchased by Russia in August was $8.95 million, marking the highest monthly export volume from India since June. Compared to August of last year, these imports increased by nearly a quarter.
In August, India’s most exported product to Russia was tea, amounting to $5.6 million, followed by coffee beans at $2.2 million. Among spices, the most popular items were whole cumin seeds ($400,000), pepper ($360,000), and cassia powder (Chinese cinnamon) at $150,000. Additionally, Russia purchased $8.31 million worth of instant coffee and $850,000 worth of roasted chicory and other coffee substitutes from India.
In terms of tea imports, Russia ranked fifth in the world in August, behind the UAE ($15.8 million), the United Kingdom ($10.2 million), Iraq ($9.4 million), and the United States ($8.2 million).
For coffee beans, Russia ranked ninth among importers of Indian coffee. The top five countries importing Indian coffee included Italy ($31.3 million), Germany ($16.6 million), Libya ($7.3 million), Belgium ($7 million), and the UAE ($5 million).
From January to August this year, India’s total exports of tea, coffee beans, and spices to Russia amounted to $77.7 million, nearly a third higher than the same period last year. By the end of 2023, India’s exports in this category to Russia were valued at $92.3 million.