Bangladesh 2nd highest importer of Indian sugar

Bangladesh was the second highest importer of Indian sugar in the 2021-22 (April to February) financial year, according to India's commerce ministry.

With sugar imports worth $561 million, Bangladesh ranked behind Indonesia which bought the sweetener from India worth 769 million dollars, the ministry said today.

India's total sugar exports witnessed a growth of 291 per cent from $1,177 million in the financial year 2013-14 to $4,600 million in the financial year 2021-22.

As per the data, India exported sugar to 121 countries.

Sugar export jumped 65 per cent in 2021-22 corresponding to the previous year, despite logistical challenges posed by the Covid-19 pandemic in the form of high freight rates and container shortages.