Bad+news+for+SL+tea+exporters
Friday, 15 December 2017 - 14:42
Bad news for SL tea exporters
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Russia will place a temporary restriction on imports of all agricultural products from Sri Lanka, including tea, from 18th of this month, the Russian agricultural safety watchdog Rosselkhoznadzor said.
 
The decision to impose restrictions was taken after it found an insect, known as the Khapra beetle, in the packaging of one consignment of tea from Sri Lanka.
 
Tea from Sri Lanka accounts for 23 percent of Russia's tea market, with other supplies come from India, Kenya, China, and Vietnam.
 
Russia imported 141,300 tonnes of tea worth $ 436 million in the first 10 months of 2017, according to customs data.
 
Tea consists of nearly 80 percent of Lankan exports to Russia and Sri Lanka exported $ 143 million worth of tea to Russia last year.
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