Tea exports fetch US$50 million over four-month period
VOV.VN - The first four months witnessed tea exports reach 30,000 tonnes, worth US$50 million, marking a decline of 4.8% in volume and 5.8% in value compared to the same period from last year, according to details given by the Ministry of Agriculture and Rural Development (MARD).
The average export price of the Vietnamese tea in April stood at around US$1,634 per tonnes, representing a fall of 10.4% on-year.
Data compiled by tea exporting countries indicates that export prices of the drink in many countries remained high, although the situation was stagnant in Vietnam due to problems occurring in the quality of input of raw material.
The MARD has therefore recommended that in order to increase tea export value, businesses must seek to strengthen co-operation, develop high-quality raw material areas, change to new tea varieties, while also striving to improve processing steps, thereby ensuring food safety requirements in order to meet market demand.
The nation is now ranked seventh and fifth worldwide in terms of tea production and exports, respectively.
According to information provided by the MARD, the nation has 123,000ha under tea and is capable of producing 1,02 million tonnes of fresh buds.
Vietnamese tea products are exported to 74 countries and territories globally, including Pakistan, China, Russia, and Indonesia, with the shipments to China accounting for 12% to 15% of the country’s total export volume.