International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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FOREIGN TRADE OF TEA - GROWTH AND DIRECTION

    1 Author(s):  NISHA DEVI

Vol -  7, Issue- 8 ,         Page(s) : 36 - 41  (2016 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Tea has occupied an important place in India’s economy for last several decades. India is world’s largest grower and produces and consumer of tea. Indian tea is losing its position due to high price and poor qualities in foreign market. Keeping in mind the importance of the industry for Indian economy as well foreign tare, in the present research paper an attempt has been made to examine the trends of exports and tea industry and share of tea in total export with the help basic statistical tools. It can be concluded from the results that the growth of export was much higher than the production of tea in these years, In case of share of agricultural products in total export results shows that the share of agricultural product was also increased. If we compare CAGR of agricultural products with tea in can be concluded from the results that CAGR of agricultural product was almost doubled than CAGR of tea in these years, In case of export direction of tea it can be concluded that the export was increased with Iran and highly decreased with Iraq.

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