On-the-Ground Update

Vietnam becomes 5th largest exporter of tea to the US market

Nguyen Quan
Published Jun 25, 2020
Tea exports of Argentina, India, and China have declined sharply due to the impact of COVID-19. Vietnam continues to stand out when recording both the growth of both the volume and value of tea exports. Vietnam exported 1.9 thousand tons valued at USD 2.4 million to the USA in the first half of 2020. The volume and value both witnessed an increase of 14.4% and 14% respectively in comparison to 2019. The proportion of tea imports from Vietnam in the US market accounted for 5.6% of total tea imports Vietnam the 5th largest in the market. COVID-19 epidemic in the first 2 months of 2020 in China disrupted the export of Chinese goods to global markets, including the US. In addition, the impact of US-China trade tensions is also a major factor in reducing the proportion of US tea imports from China in the first half of 2020.
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