Vietnam’s tea exports reached US$22.69 million in November, reflecting a month-on-month decline of 13.7 percent, according to Vietnam’s General Department of Customs. Year-to-date tea exports amounted to US$234.69 million, highlighting the sector’s overall resilience despite recent monthly fluctuations.
Pakistan remained Vietnam’s largest tea export market, importing US$9.98 million in November, a sharp decrease of 23.93 percent compared to October. Other notable markets included Taiwan, which experienced a 17.83 percent decline to US$2.23 million, and Russia, which grew by 14.36 percent to US$1.16 million. Meanwhile, Indonesia demonstrated significant growth, with a 50.15 percent increase in imports to US$1.07 million, showcasing potential for further market penetration.
The tea industry in Vietnam faces mixed trends, with growth opportunities in emerging markets like Indonesia and stable demand from traditional markets like Russia.
See also: Agriculture Industry in Vietnam
Vietnam tea exports, November 2024, US$
November | October | MoM | YTD | |
Total | 22,686,642 | 26,293,267 | -13.7 | 234,685,197 |
Other | 3,817,168 | 3,120,879 | 22.31% | 39,459,597 |
Pakistan | 9,983,828 | 13,124,321 | -23.93% | 97,286,425 |
Taiwan | 2,230,500 | 2,714,397 | -17.83% | 23,647,796 |
Russia | 1,162,163 | 1,016,218 | 14.36% | 10,750,674 |
Indonesia | 1,067,028 | 710,631 | 50.15% | 10,000,874 |
China | 1,058,531 | 1,419,406 | -25.42% | 17,417,217 |
USA | 649,687 | 1,072,883 | -39.44% | 10,215,209 |
Saudi Arabia | 483,135 | 709,613 | -31.92% | 4,936,410 |
Iraq | 457,625 | 711,338 | -35.67% | 4,686,964 |
Malaysia | 365,788 | 296,967 | 23.17% | 3,913,446 |
India | 284,611 | 473,464 | -39.89% | 3,377,001 |
Philippines | 283,602 | 137,513 | 106.24% | 2,279,765 |
Kazakhstan | 214,765 | 253,754 | -15.36% | 1,466,439 |
UAE | 161,692 | 132,838 | 21.72% | 2,254,871 |
Ukraine | 160,378 | 124,352 | 28.97% | 787,529 |
Germany | 153,584 | 196,558 | -21.86% | 1,038,760 |
Poland | 84,596 | 78,135 | 8.27% | 854,219 |
Kuwait | 42,446 | 0 | 0.00% | 95,083 |
Turkey | 25,515 | 0 | 0.00% | 216,918 |