VN tea exporters enjoy record year
15/12/2016
Tea exports in the past 11 months reached 118,000 tonnes, bringing home 197 million USD, increasing 7.1 percent in volume and 4.3 percent in value compared to the same period last year..
Of these, the export volume of Vietnamese tea in November is estimated at 12,000 tonnes with a turnover of 21 million USD, according to the Ministry of Agriculture and Rural Development (MARD).
However, the tea price for exports in the first ten months decreased nearly 14 percent compared to the same period last year to 1,656 USD per tonne on average.
According to the Vietnam Tea Association (Vitas), export value for the whole year is expected at 235 million USD, with 46 percent from green tea and 53 percent from black tea.
Top importers of Vietnamese tea include Afghanistan, Indonesia, Russia, Pakistan, Taiwan, the US, mainland China, the UK and the United Arab Emirates (UAE).
Pakistan was the top consumption market of Vietnamese tea in the first ten months of the year, accounting for 34 percent of market share. Export volume to the market increased 1.8 percent but declined 8.7 percent in value compared to the same period last year.
However, the tea price for exports in the first ten months decreased nearly 14 percent compared to the same period last year to 1,656 USD per tonne on average.
According to the Vietnam Tea Association (Vitas), export value for the whole year is expected at 235 million USD, with 46 percent from green tea and 53 percent from black tea.
Top importers of Vietnamese tea include Afghanistan, Indonesia, Russia, Pakistan, Taiwan, the US, mainland China, the UK and the United Arab Emirates (UAE).
Pakistan was the top consumption market of Vietnamese tea in the first ten months of the year, accounting for 34 percent of market share. Export volume to the market increased 1.8 percent but declined 8.7 percent in value compared to the same period last year.