Vietnam shipped six tonnes of tea worth 74,000 USD to Australia in the first half of 2021, showing year-on-year surges of 62.1 percent in volume and 85 percent in value, according to the Agency of Foreign Trade at the Ministry of Industry and Trade.
The Vietnamese tea sector saw positive signs in exports in the first two months of 2021 when shipping 17,000 tonnes abroad and earning 29 million USD, down 1.6 percent in volume but up 11 percent in value year-on-year.
Vietnam’s tea industry is projected to meet the targets set for this year and earn total revenue of some 522 million USD, with green tea making up 51 percent and black tea 48 percent.
Vietnam suffered a reduction of tea exports in the first quarter of this year due to the impact of the COVID-19 pandemic, according to the Ministry of Agriculture and Rural Development.
Vietnam exported 26,000 tonnes of tea in the first quarter of 2019, earning a turnover of 45 million USD, up 2.1 percent year-on-year in volume and 15.4 percent year-on-year in value.
Vietnam exported 26,000 tonnes of tea in the first quarter of 2019, earning turnover of 45 million USD, up 2.1 percent in volume and 15.4 percent in value year on year, the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (AgroTrade) has announced.
Vietnam exported 120,000 tonnes of tea in 2018, earning revenue of 219 million USD, year-on-year decreases of 8.4 percent in volume and 3.4 percent in value, respectively.
Vietnam’s rice exporters could be set for a big first quarter, with demand from the Philippines and Indonesia being forecast to increase due to the impact of recent natural disasters.
The Vietnamese tea sector should work harder to improve the quality of its exports in order to better tap the global market, including Russia, experts have said.
This year, Vietnam has cultivated about 125,000 hectares of tea, including 110,000 hectares for commercial purpose which produced 8.5 tonnes of tea per hectare, according to the Vietnam Tea Association (VITAS).
Vietnam’s tea exports in the first eight months of 2018 dropped 10.1 percent year on year in volume to 81,000 tonnes, and 7.4 percent in value to 133 million USD, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam earned 109 million USD from exporting 67,000 tonnes of tea in the first seven months of 2018, a year-on-year decrease of 12.9 percent in volume.
Vietnam’s tea exports dropped 11% year on year in volume to 61,530 tonnes, and 6.9 percent in value to nearly 100 million USD as of mid-July, according to the General Department of Vietnam Custom.
Vietnam’s tea exports as of mid-July dropped 11 percent year on year in volume to 61,530 tonnes, and 6.9 percent in value to 99.94 million USD, according to statistics from the General Department of Vietnam Customs.
Vietnam’s tea export dropped both volume and value in the first four months of 2018 despite price hike. Low quality and lack of internationally-known brand names remain the biggest barriers .
Vietnam’s tea exports are forecast to increase in both volume and value in the remaining months of 2017 due to growing global demand and limited supply.
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