US tea imports from Vietnam increased by 15% in value

Published 2021년 6월 21일

Tridge summary

In the first quarter of 2021, US tea imports saw a 3.4% increase in volume and a 5.4% increase in value compared to the same period in 2020, totaling 25,500 tonnes valued at $110.4 million. Argentina emerged as the top supplier, contributing 40.5% of the total tea imports with a 13.8% increase in volume and value over the previous year. Vietnam witnessed a 12% rise in volume and a 15% rise in value, becoming the fourth largest supplier to the US. The US imported mainly black tea from Argentina and India, and green tea primarily from China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Import-Export Department (Ministry of Industry and Trade) said that according to statistics from the US International Trade Commission (USITC), US tea imports in the first three months of 2021 reached 25,500n tonnes, worth 110.4 million USD, up 3.4% in volume and 5.4% in value over the same period in 2020. The average price of imported tea in the US reached 4,326.6 USD/ton, up 1.9% compared to the first three months of last year. The US imported the most tea from the Argentine market in the first three months of 2021, reaching 10,330 tons, worth $13.8 million, up nearly 14% in volume and 14.7% in value over the same period in 2020. . The average price of imported tea from the Argentine market stood at $1,338.3 per ton, up 0.7% over the same period in 2020. The proportion of tea imports from the Argentine market accounted for 40.5% of the total imported tea. of America. Vietnam is the 4th largest tea supplier to the US in the first three months of 2021, reaching 1,390 tons, ...
Source: Vietnambiz

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.