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.
Last year, Vietnam gained 217.83 million USD from shipping more than 127,000 tonnes of tea overseas, down 8.9 percent in volume and 4.4 percent in value (Photo: VNA)
Pakistan was the largest importer when it splashed out 81.63 million USD on buying 38,213 tonnes of Vietnamese tea (Photo: VNA)
It was followed by China’s Taiwan with imports of 18,573 tonnes worth 28.75 million USD and Russia with 13,897 tonnes valued at 21.21 million USD (Photo: VNA)
Consumption is expected to surge, mostly in China and India (Photo: VNA)
Experts said that Vietnamese companies should invest heavily in handmade tea and botanical tea, which are preferred by consumers today to raw green and black tea (Photo: VNA)
Harvesting tea buds at the Bau Can Tea Joint Stock Company in Chu Prong district, the Central Highlands province of Gia Lai (Photo: VNA)
Since 2011, the company has produced its products under VietGAP standards on the whole area to improve the quality of its tea (Photo: VNA)
In an effort to increase tea export value, both farmers and businesses in Thai Nguyen province, the country’s largest tea producer, are seeking to develop brand names for their products.
The special savour of Vietnamese tea has won the heart of the most prissy jury at the first International Gourmet Tea Competition “Teas of the World” recently held by the Agency for the Valorisation of Agricultural Products (AVPA) in Paris, France.
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 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.
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.
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.
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.