Vietnam’s tea exports as of mid-July drop 11 percent year on year. (Photo: VNA)Hanoi (VNA) – Vietnam’s tea exports as of mid-July dropped 11 percentyear on year in volume to 61,530 tonnes, and 6.9 percent in value to 99.94million USD, according to statistics from the General Department of VietnamCustoms.
Pakistan was the largest consumption market of Vietnamese tea as it bought13,400 tonnes worth 29.94 million USD, up 10.8 percent in quantity and 22.3percent in value compared to the same time last year.
Exports to the US, Saudi Arabia, Malaysia, Germany and the Philippines also rose.
Notably, Vietnamese tea export growth in the US was higher than that of otherexporters like China, Argentina, Japan, India and Canada.
Vietnamese tea only occupied 2 percent in the US’s total tea imports, up fromthe market share of 1.6 percent recorded last year.
A fall in tea exports in recent times has put pressure on the tea industry toenhance product quality amid rapid international integration and fierce competition.
To increase Vietnamese tea value, producers and exporters must work to developa value chain and pay attention to food hygiene and safety, said arepresentative from the Ministry of Agriculture and Rural Development’sProcessing and Market Development Authority. -VNA
VNA
