Vietnam’s tea exports fell by 24.39 percent month-on-month in January, totalling US$16.43 million, according to Vietnam’s General Department of Customs.
Pakistan remained the largest importer, accounting for 38.67 percent of total exports at US$6.35 million, a drop of 33.25 percent from December. Other markets included Russia (US$1.23 million, down 2.01 percent) and Taiwan (US$1.16 million, down 50.22 percent). China imported US$0.97 million, representing a decline of 30.23 percent, while Indonesia received US$0.71 million, down 11.81 percent.
Several smaller markets showed mixed results. For instance, Kazakhstan saw a growth of 36.43 percent, reaching US$0.20 million, while the USA experienced a significant decrease of 57.94 percent to US$0.50 million. Germany recorded an increase of 8.29 percent, totalling US$0.12 million.
Overall, despite some positive trends in minor markets, the decline across major importers such as Pakistan, Taiwan, and China largely contributed to January’s overall drop.
See also: Food and Beverage Industry in Vietnam
Vietnam’s tea exports, January, US$ millions
January | December | MoM | YTD | % of Total | |
Total | 16.43 | 21.73 | -24.39% | 16.43 | 100.00% |
Other | 3.12 | 2.33 | 34.10% | 3.12 | 19.00% |
Pakistan | 6.35 | 9.52 | -33.25% | 6.35 | 38.67% |
Russia | 1.23 | 1.25 | -2.01% | 1.23 | 7.48% |
Taiwan | 1.16 | 2.34 | -50.22% | 1.16 | 7.09% |
China | 0.97 | 1.39 | -30.23% | 0.97 | 5.91% |
Indonesia | 0.71 | 0.80 | -11.81% | 0.71 | 4.31% |
Saudi Arabia | 0.60 | 0.93 | -35.60% | 0.60 | 3.66% |
USA | 0.50 | 1.19 | -57.94% | 0.50 | 3.04% |
Iraq | 0.42 | 0.35 | 19.93% | 0.42 | 2.54% |
India | 0.41 | 0.78 | -46.76% | 0.41 | 2.52% |
Malaysia | 0.37 | 0.36 | 1.75% | 0.37 | 2.25% |
Kazakhstan | 0.20 | 0.15 | 36.43% | 0.20 | 1.22% |
Philippines | 0.14 | 0.17 | -15.52% | 0.14 | 0.88% |
Germany | 0.12 | 0.11 | 8.29% | 0.12 | 0.76% |
Turkey | 0.09 | 0.00 | #DIV/0! | 0.09 | 0.53% |
Ukraine | 0.02 | 0.05 | -54.05% | 0.02 | 0.14% |