In the first 9 months of 2019, the average export price of tea items to the Chinese market increased sharply over the same period in 2018, reaching 3,384.4 USD / kg, up 66.2%.
The Import and Export Department (Ministry of Industry and Trade), citing statistics from the General Department of Customs, said that tea exports in the first 15 days of October 2019 reached 5.8 thousand tons, worth US $ 9.8 million, an increase of 1 , 3% in volume and up 0.4% in value over the same period in 2018. The average export price of tea in the first 15 days of October 2019 reached US $ 1,686.2 / ton, down 0.9% compared to the same period in 2018.
Accumulated from the beginning of the year to the end of October 15, 2019, tea export reached 99.85 thousand tons, valued at 175.1 million USD, up 2.7% in volume and 8.8% in value compared to the the same period in 2018; The average export price of tea items reached US $ 1,753.7 / ton, up 5.9% over the same period in 2018.
Pakistan is Vietnam's largest tea export market in the first 9 months of 2019, reaching 31 thousand tons, worth US $ 62.3 million, up 30.6% in volume and up 18.4% in value compared to same period in 2018. According to the Food and Agriculture Organization of the United Nations (FAO), Pakistan's black tea consumption reaches 172.9 thousand tons / year, and is forecast to increase to 250.75 thousand tons by 2027. With an increasing demand for tea, Pakistan is Vietnam's potential export market.
Tea export to Taiwan market in the first 9 months of 2019 reached 13.9 thousand tons, worth US $ 21.6 million, up 1.4% in volume and up 2.2% in value over the same period last year. 2018.
Notably, in the first 9 months of 2019, the average export price of tea items to the Chinese market increased sharply over the same period in 2018, reaching 3,384.4 USD / kg, up 66.2%.
