Even though China is the king of the world, it continues to spend money to buy tea from Vietnam: exports increased by more than 400%, even Americans fell in love with it.

Published 2024년 3월 5일

Tridge summary

Vietnam's tea exports in January 2024 reached 12,398 tons, valued at over 21 million USD, marking a decrease of 9.7% in volume and 10% in value from the previous month, but an 85% increase year-on-year. The primary export markets were Pakistan, Taiwan, and the US. Interestingly, exports to China, a major tea exporter itself, surged by 412% in volume and 145% in value due to the country's post-Covid-19 reopening and changes in its tea product structure to meet consumer demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: markettimes.vn According to data from the General Department of Customs, in January 2024, Vietnam's tea exports reached 12,398 tons, worth more than 21 million USD, down 9.7% in volume and 10% in value compared to the previous month but increased about 85% in both volume and value compared to the same period in 2023. In terms of average export price, in January 2024, Vietnam's average tea export price reached 1,694 USD/ton, equivalent to the same period in 2023 but slightly down 3% compared to the average export price for the whole year 2023. . In terms of export markets, in January 2024, Vietnamese tea was exported to 16 markets, down 1 market compared to January 2023 (Philippines), and down 3 markets compared to the whole year 2023 (Philippines). , Kyrgyzstan and Kuwait). In particular, Pakistan continues to be Vietnam's largest tea export market, accounting for 36.7% of the total volume and 43.7% of the country's total tea export turnover, with 4,556 tons, equivalent to ...
Source: AgroInfo.vn

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