Plenty of room to boost tea exports to the Russian market

According to statistics from the International Trade Center (ITC), in the first four months of 2021, Russia's tea imports showed signs of recovery, reaching 52,300 tons, worth 52,300 tons, the Import-Export Department (Ministry of Industry and Trade) said. price of 152.2 million USD, up 4.8% in volume and 13.4% in value. The average tea import price of Russia reached more than 2,907 USD/ton, up 8.2% over the same period in 2020. Russia sharply increased tea imports from many main markets in the first four months of 2021, while sharply decreasing imports from Vietnam. Tea imports from Vietnam reached 4,000 tons, worth US$6.7 million, down nearly 19% in volume and 15.8% in value over the same period in 2020. The price of imported tea from Vietnam was at 1,684 0.4 USD/ton, up 3.8% over the same period in 2020. The proportion of imports from Vietnam accounted for 10.6%, down 3 percentage points over the same period in 2020. According to the Import-Export Department, because the type ...