UAE among world’s top tea exporting countries: FCSC

0

ABU DHABI, 21st May, 2022 (WAM) — The UAE is a global hub in the tea export market, with total exports of about AED1.2 billion in 2020, according to a report by Federal Competitiveness and Statistics Centre (FCSC).

The figures place the UAE among the top 5 tea exporting countries in the world, according to the report, which adds that the Emirates comes after China, Sri Lanka, Kenya and India and that the UAE exported tea to 154 countries in 2021.

FCSC added that the UAE tea trade last year stood at around AED1.859 billion, including exports worth AED968 million, re-exports of AED128 million, and AED763 million of imports.

The tea trade volume reached AED586 million in Q1 this year, including exports worth AED310 million, re-exports of AD51 million and around AED224 million in imports.

The annual household spending on tea in the UAE hit around AED290 million, according to 2019 data, based on a household income and expenditure survey. The data shows that the number of coffee & tea kiosks in the UAE reached 14,567 until May 19.

WAM/Hatem Mohamed

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest  Business News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment