Vietnam's tea product was purchased by China at record-high prices, earning hundreds of millions of dollars in the first 9 months of the year

Source: markettimes.vn Illustration According to preliminary statistics from the General Department of Customs, Vietnam's tea exports in September 2023 reached 11,054 tons with a value of more than 18.9 million USD, down 9.2% in volume and down 13.9%. in value compared to August 2023. Overall, in the first 9 months of the year, tea exports earned more than 140 million USD with 81,979 tons of export goods, down 14.2% in volume and 15.9% in value compared to the same period in 2022. Regarding market structure, Pakistan, Taiwan (China) and Russia are the three largest Vietnamese tea consumption markets in the first 9 months of the year. Specifically, tea exports to Pakistan in the first 9 months of the year reached 33,406 tons with a value of more than 64 million USD, down 12.3% in volume and down 10% in value compared to the same period in 2022. The export price reached 1,931 USD /ton, a slight increase of 2.6%. The second largest market for Vietnamese tea is Taiwan (China). In 9 ...