Honey globalisation

India is expecting its honey exports to fall by half following the lifting of the Chinese honey ban by the EU.

The honey exports, which fetched around Rs 200 crore in foreign currency in the fiscal 2002-03, is likely to tumble to Rs 100 crore this fiscal, trade sources said.

India produces a total of 70,000 tonnes of honey every year, of which 25,000-27,000 tonnes are being exported to more than 42 countries including the EU, the Middle East and the US.