Vietnam's largest tea export market

According to data from the General Department of Customs, from the beginning of the year to July 15th, Vietnam exported 68,736 tons of tea, a 30% increase compared to the same period last year.

The average export price of tea reached US$1,718 per ton, an increase of 1.2% compared to the same period last year, contributing to a cumulative tea export turnover of US$118.1 million up to July 15th, a 31% increase compared to the same period last year.

In the first half of 2024, Vietnam exported tea to 18 markets. Pakistan was Vietnam's largest tea export market with 16,072 tons; however, compared to the same period last year, it recorded a 13% decrease in volume. It was also the only market to achieve export volumes exceeding 10,000 tons of tea.

Pakistan is Vietnam's largest tea export market, with 16,072 tons.

Taiwan (China) was the second largest tea export market with 6,762 tons, a 10% increase compared to the same period last year. China was the third largest market with 6,304 tons, a significant 207% increase in volume compared to the same period last year.

Other major markets include the US with 4,053 tons, up 62% year-on-year; Indonesia with 4,831 tons, up 69% year-on-year...

Within ASEAN, besides Indonesia, Vietnam also exported tea to Malaysia with 2,862 tons, a 35% increase compared to the same period last year; and to the Philippines with 362 tons, a 26% decrease compared to the same period last year.

In terms of value, tea exports to Pakistan reached the highest level at $33.6 million, a decrease of 3% compared to the same period last year; followed by Taiwan (China) with $11.3 million, an increase of 14% compared to the same period last year.

At levels below $10 million, tea exports to China reached $9.3 million, an increase of 86% compared to the same period last year; Russia with $5.8 million, a decrease of 3% compared to the same period last year; the US with $5.7 million, an increase of 83% compared to the same period last year; Indonesia with $5 million, an increase of 86% compared to the same period last year...

Within ASEAN, Vietnam exported tea to Malaysia, earning $2 million, a 44% increase compared to the same period last year; while exports to the Philippines reached $0.9 million, a 25% decrease compared to the same period last year.

In terms of price, Germany has the highest average export price for tea at $5,360 per ton, followed by the Philippines at $2,651 per ton, Saudi Arabia at $2,608 per ton, and so on.

Source: https://congthuong.vn/pakistan-thi-truong-xuat-khau-che-lon-nhat-cua-viet-nam-335301.html