Vietnamese tea is continuously landing in Germany, exports increased by 3 digits, Vietnam has the 5th largest reserves in the world

Source: markettimes.vn According to preliminary statistics from the General Department of Customs, tea exports in August reached 12,178 tons, reaching nearly 22 million USD, up 16.3% in volume and 19.4% in value compared to July/ 2023. Overall, in the first 8 months of the year, the country's tea exports earned more than 121.8 million USD, equivalent to 71 tons of tea of all kinds, down 13.9% in volume and 16.6% in turnover compared to the previous year. same period in 2022. The average export price in the first 8 months of the year reached 1,718 USD/ton, down 3.2% over the same period last year. Among the export markets of Vietnamese tea, Pakistan is the largest importing country with a proportion of nearly 41% in volume. Exports to main markets such as Pakistan, Taiwan and Russia are still on a downward trend, because the economies of these countries are still facing many difficulties. Besides, Vietnamese tea is still being imported strongly by many other markets, including the ...