Vietnam exported 12,000 tonnes of tea worth more than US$21 million in January, representing a surge of 85% in both volume and value in comparison to the same period from last year.
According to the latest figures released by the General Department of Vietnam Customs, Pakistan remained the country’s largest tea importer during the reviewed period, having purchased over 4,500 tonnes worth 9.2 million. It was followed by Taiwan (China), the United States, and Poland.
The Vietnamese Tea Association (VITAS) said that the average export prices to some key markets in January reached US$1,300 to US$1,600 per tonne. However, in several markets, such as Germany, the average export prices are much higher, reaching US$7,579 per tonne.
In order to increase tea export value in the year ahead, VITAS recommended that Vietnamese businesses need to facilitate the application of advanced technology, as well as improving trade promotion activities by increasing direct meetings with foreign buyers and diversifying the types of Vietnamese tea booths at international exhibitions.
Source: VOV
Keyword: VITAS, tea export, value
