Vietnamese tea exports increased by more than 100% despite its high prices

Source: markettimes.vn According to preliminary statistics from the General Department of Customs, tea exports in November reached 12,330 tons, reaching 22.2 million USD, up 2.6% in volume and 0.6% in value. price compared to the previous month. Export price in the month reached 1799 USD/ton, up 10.1% over the same period. Overall, in the first 11 months of the year, the country's tea exports earned more than 184.8 million USD, equivalent to 106,323 tons of tea of all kinds, down 20.8% in volume and 14.4% in turnover compared to the previous year. the same period in 2022. The average export price in the first 11 months of the year reached 1,739 USD/ton, down 3.4% over the same period last year. In terms of market, Pakistan is still an importer of Vietnamese tea largest with a proportion of 35.2% in output and nearly 40% in turnover. Behind are Taiwan and Russia, accounting for 12.5% and 5.5% of output, respectively. Exports to these three main markets are still in a strong ...