Turkey imports both the volume and value of Vietnamese tea

Published 2021년 4월 6일

Tridge summary

The report by the Ministry of Industry and Trade's Import and Export Department reveals a significant growth in Turkey's agricultural market, with tea imports surging by 11.5% annually from 2016 to 2020, peaking at 23,680 tons in 2020. The total value of these imports was nearly 49.7 million USD, with Sri Lanka being the primary supplier (72.1% of the total) followed by Kenya, India, and Argentina. Vietnam's share increased slightly to 1.6%, contributing 370 tons valued at 756,000 USD, marking a notable increase from 2019. The majority of the imports were black tea, with a 14.2% increase from the previous year, while green tea imports saw a significant rise from 2019, mainly from China and Vietnam.

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Original content

The latest agricultural, forestry and fishery market report issued by the Import and Export Department (Ministry of Industry and Trade) said that according to statistics from the International Trade Center (ITC), Turkey's tea imports in in the period 2016 - 2020 the average growth rate is 11.5% / year. In 2020, Turkey imported tea reached 23,680 tons, worth nearly 49.7 million USD, up nearly 15% in volume and 11.2% in value compared to 2019. Average unit import price of product. Turkish tea in 2020 will reach $ 2,098.1 / ton, down 3.2% compared to 2019. In terms of market, Sri Landka is the largest tea supplier to Turkey in 2020, with the Tea accounts for 72.1% of Turkey's total tea imports. This is followed by markets such as Kenia, India and Argentina. Vietnam is the 5th largest tea supplier to Turkey in 2020, reaching 370 tons, worth 756,000 USD, up nearly 43% in volume and 38% in value compared to 2019. Imported tea prices Average from Vietnam market reached 2,043.2 USD / ton, ...

Source: AgroInfo.vn