Pakistan represents Vietnam's largest tea export market in first half
VOV.VN - Pakistan was Vietnam's largest tea export market with 16,072 tons being shipped to the South Asian nation in the first half of the year, and it was also the only market recording an export volume of over 10,000 tons of tea.
According to data from the General Department of Customs, from the beginning of the year to mid-July, Vietnam exported 68,736 tons of tea, an increase of 30% over the same period from last year.
The average export price of tea reached US$1,718 per ton, up 1.2% on-year, bringing the cumulative tea export turnover up to July 15 to US$118.1 million, up 31% from 2023.
The first half of 2024 witnessed Vietnam export tea to 18 markets with Pakistan importing the most, but compared to the same period from last year, it endured a 13% fall in volume.
Taiwan (China) was the second largest tea export market with 6,762 tons, up 10% on-year, while China was the third largest market with 6,304 tons, up 207% on-year in volume.
Other major markets included the US with 4,053 tons, up 62% on-year and Indonesia with 4,831 tons, up 69% from last year.
In ASEAN, in addition to Indonesia, Vietnam also exported tea to Malaysia with 2,862 tons, up 35% over last year’s corresponding period, raking in US$2 million and to the Philippines with 362 tons, down 26% on-year, grossing US$ 0.9 million.
In terms of turnover, tea export value to Pakistan was the highest at US$33.6 million, down 3% over the same period last year, trailed by Taiwan (China) with US$11.3 million, up 14% on-year.
In terms of price, Germany was the market with the highest average tea export price at US$5,360/ton, followed by the Philippines at US$2,651/ton, and Saudi Arabia at US$2,608/ton.
