Quarter I/2023: Tea exports decrease in both volume and value

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Source: ngonghiepvadautu.info.vn

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According to statistics from the General Department of Customs, tea exports in March 2023 reached 7.7 thousand tons, worth 12.6 million USD, down 5.3% in volume and 5.7% in value. compared to March 2022. The average export price of tea in March 2023 reached USD 1,624.7/ton, down 0.4% compared to March 2022.

Generally, in the first 3 months of 2023, tea exports reached 21.3 thousand tons, worth 35.2 million USD, down 7.1% in volume and 4.1% in value over the same period in 2022. average export of tea reached 1,651.4 USD/ton, up 3.2% over the same period in 2022.

Tea export turnover of Vietnam over the months from 2022 to 2023 (Unit: million USD).  Source: Import and Export Department

Tea export turnover of Vietnam over the months from 2022 to 2023 (Unit: million USD). Source: Import and Export Department

According to the Import-Export Department, in the first 3 months of 2023, tea exports to the Pakistani market reached 7.6 thousand tons, worth 13.4 million USD, up 3% in volume and 0.3 % up. % in value over the same period in 2022. The proportion of exports to Pakistan accounted for 35.6% of total tea exports.

Also in the first 3 months of 2023, tea exports to Taiwan market reached 2.5 thousand tons, worth 4 million USD, down 15.5% in volume and 8.9% in value over the same period last year. 2022. Exports to the Russian market reached 2 thousand tons, worth 3.2 million USD, down 8.6% in volume and 16.9% in value; exports to Indonesia reached 1.4 thousand tons, worth 1.5 million USD, down 29.6% in volume and 26.6% in value…

Vietnam's tea export market in the first 3 months of 2023. Source: Import-Export Department

Vietnam’s tea export market in the first 3 months of 2023. Source: Import-Export Department

Notably, tea exports to the markets of India, China, and Saudi Arabia increased sharply in the first three months of 2023. In which, tea exports to the Chinese market reached 735 tons, worth 2.2 million USD, up 154.3% in volume and 430.3% in value over the same period in 2022. The average price of tea exported to the Chinese market reached 2,930.4 USD/ton, up 108.5 % compared to the same period in 2022. same period in 2022.



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