Sri Lanka‘s tea exports fall for 12th consecutive month

Sep 29, 2015 (LBO) – Sri Lanka’s Tea exports, continued to decline in July 2015 for the twelfth consecutive month, due to lower demand from main tea buyers such as Russia and the Middle East, reflecting declines in both export volume and export prices.

Tea exports recorded a drop of 14.

0 percent in July this year.

Official data shows Sri Lanka exported 126.

5 million US dollar worth tea in July 2015 compared to the 147.

2 million US dollar tea exports in the same month last year.

For the first seven months from January to July 2015, tea exports declined 14.3 percent to 809.4 million US dollars compared to 944.

2 million US dollars in the same period of 2014.