India managed to export 1.26 (mt) million tonnes of the sugar in 7 months to April 2015 at a time when the world market is facing a surplus situation.
India exported 1.26 mt of sugar during October 2014 - April 2015 period of the ongoing marketing year. Sudan accounted for the highest sugar exports of 3,78,132 tonnes during the period under review, followed by Somalia (1,62,873 tonnes), Sri Lanka (1,54,020 tonnes), UAE (1,05,540 tonnes), and Tanzania (91,138 tonnes) in that order.
The country is estimated to produce 28 mt of sugar in 2014-15 marketing year, against annual demand of 24.8 mt . There is still surplus stock of 10 mt in the country. Meanwhile, world sugar production this year is estimated to exceed demand by 6,20,000 tonnes.