Vietnam emerges as Taiwan’s largest tea exporter
VOV.VN - Vietnam represented the largest supplier of tea to Taiwan (China) last year with its tea exports accounting for up to 55.23% of the territory’s tea import value, according to Taiwan's Bureau of Foreign Trade (BOFT).
The BOFT statistics show Vietnamese businesses shipped 18,330 tonnes of tea worth US$28.91 million to the market, increasing by 7.1% in volume and 7.47% in value compared to 2020.
In the opening two months of this year, they exported 2,000 tonnes worth US$3 million, up 3.5% in volume and 0.9% in value year on year.
However, their export proportion to the market decreased by 8% compared to nine years ago. Experts attributed the decline to the impact of the COVID-19 pandemic and Taiwan’s tightened control over product quality and pesticide residue level over imports.
According to Taiwan's regulations, imported tea products are required to comply with food safety and hygiene standards set by the Taiwan Food and Drug Administration (TFDA).
Nguyen Thu Thuy, deputy director of the Export Promotion Center under the Ministry of Industry and Trade, had advised local firms to improve product quality and abide by stringent rules on imported goods when exporting to Taiwan.
At present, the main competitors for Vietnamese tea in Taiwanese market are Sri Lanka (accounting for 15.43% of the market share), India (10.28%), Indonesia (6.46%) and China (4.79%).
Vietnamese tea has been exported to more than 70 countries and territories worldwide with Pakistan, Taiwan, Russia, Indonesia, and China being the largest consumers.