Vietnamese tea exports in April continued to increase thanks to strong demand in many markets

Published 2021년 5월 25일

Tridge summary

In April 2021, Vietnam's tea exports saw a 10.5% increase in volume and a 6.6% increase in value compared to the same period in 2020, reaching 10,850 tons valued at $17.5 million. From January to April 2021, the total tea export volume increased by 1.2%, while the value rose by 6.7% year-over-year, amounting to 36,900 tons with a value of $58.85 million. The average export price per ton of tea decreased slightly in April but increased significantly in the first four months of 2021 compared to the previous year. The Pakistan market received the largest share of these exports, followed by China and India, which experienced significant growth in their tea imports due to increased demand and production challenges caused by the COVID-19 epidemic and drought in India.

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) quoted statistics from the General Department of Customs as saying that in April 2021, tea exports reached 10,850 tons, worth $17.5 million, up 10.5% in volume and up. 6.6% in value compared to April 2020. Generally in the first 4 months of 2021, tea exports reached 36,900 tons, worth US$58.85 million, up 1.2% in volume and 6.7% in value over the same period in 2020. In April 2021, the average export price of tea reached 1,611.7 USD/ton, down 3.6% compared to April 2020. But in general in the first 4 months of 2021, the average export price of tea reached 1,595.6 USD/ton, up 5.4% over the same period in 2020. Tea exports to Pakistan market accounted for the highest proportion in the first 4 months of 2021, reaching 10,340 tons, worth $19.6 million, up 12.4% in volume and 16% in value over the same period last year. 2020. In the first four months of 2021, tea exports to China and India increased sharply. Specifically, ...

Source: Vietnambiz