Tea export market in 2019

According to preliminary statistics of the General Department of Customs, tea exports are estimated at 15,095 tons in December 2019, worth US $ 24.33 million, up 6% in volume and 7.8% in turnover compared to November. / 2019 and also increased 28.8% in volume and 13.2% in turnover compared to December 2018.

For the whole year of 2019, tea exports reached 137,102 tons, earning 236.43 million USD, up 7.7% in volume and 8.5% in turnover compared to 2018.

The average export price of tea in December 2019 reached US $ 1,611.8 / ton, up 1.7% compared to November 2019 but down 12.1% compared to December 2018. On average in 2019, the average export price of tea reached US $ 1,724.5 / ton, up 0.8% compared to 2018.

Vietnam's tea exports to Pakistan the most, accounting for 35.6% of the total volume and accounting for 40.8% of the total tea export turnover of the country, with 48,755 tons, equivalent to USD 96.43 million, at medium prices. Average 1,977.9 USD / ton, up 27.6% in volume, up 18.1% in turnover but down 7.4% in price compared to 2018.

Taiwan ranked second with 13.9% of total volume and accounting for 12.6% of total turnover, reaching 19,059 tons, worth USD 29.8 million, average price of USD 1,563.8 / ton, up 2.6% in volume, up 3.7% in turnover and up 1% in price over the previous year.

Next, the Chinese market accounted for 6.2% of the total volume and 10.1% of the total tea export turnover of the whole country, reaching 8,482 tons, earning US $ 23.8 million, the price of US $ 2,806 / ton, down. 16.2% in volume but up 21% in turnover and sharply up 44% in price.

In 2019, tea exports to most markets decreased compared to the previous year, in which exports decreased sharply in markets such as Germany, down 58.7% in volume and 63.9% in needle. turnover, reaching 162 tons, equivalent to 0.71 million USD; Poland decreased by 40.4% in volume and 39.2% in turnover, reaching 609 tons, equivalent to 0.95 million USD; U.A.E decreased 37.8% in volume and 35.8% in turnover, reaching 1,687 tons, equivalent to 2.7 million USD.

However, exports increased sharply in the following markets: India increased the most by 17.9% in volume and 58% in turnover (reaching 1,023 tons, equivalent to US $ 1.43 million); Philippines increased 53.8% in volume and 55.7% in turnover (reaching 961 tons, equivalent to 2.5 million USD); Kuwait increased 94.1% in volume and 47.2% in turnover (reaching 33 tons, equivalent to US $ 0.07 million).

Tea exports in 2019

(According to data of GDC on 13/01/2020)

Source: VITIC