Vietnam’s tea exports decline by 24.39 percent in January

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

JanuaryDecemberMoMYTD% of Total
Total16.4321.73-24.39%16.43100.00%
Other3.122.3334.10%3.1219.00%
Pakistan6.359.52-33.25%6.3538.67%
Russia1.231.25-2.01%1.237.48%
Taiwan1.162.34-50.22%1.167.09%
China0.971.39-30.23%0.975.91%
Indonesia0.710.80-11.81%0.714.31%
Saudi Arabia0.600.93-35.60%0.603.66%
USA0.501.19-57.94%0.503.04%
Iraq0.420.3519.93%0.422.54%
India0.410.78-46.76%0.412.52%
Malaysia0.370.361.75%0.372.25%
Kazakhstan0.200.1536.43%0.201.22%
Philippines0.140.17-15.52%0.140.88%
Germany0.120.118.29%0.120.76%
Turkey0.090.00#DIV/0!0.090.53%
Ukraine0.020.05-54.05%0.020.14%

See also: How to Start an Export Business in Vietnam

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