Chinese Taiwan increases tea imports from Vietnamese market

The first two months of this year, Taiwan (China) imported the highest volume of tea from Viet Nam, with 2,000 tonnes, worth 3 million USD, up 3.5% in volume and 0.9% in value over the same period from last year, according to the Ministry of Industry and Trade (MoIT).
Chinese Taiwan increases tea imports from Vietnamese market
Chinese Taiwan increases tea imports from Vietnamese market. (Photo: VOV)

The Import-Export Department under the MoIT cited data from the Taiwan Customs Administration as saying that tea imports into the Taiwanese market throughout the reviewed period reached 419,000 tons, worth 12.56 million USD.

The average price of imported tea from Viet Nam stood at roughly 1,519 USD per ton. Tea imports from Viet Nam accounted for 47.7% of total tea imports to the Taiwanese market, a rise of 5 percentage points on-year.

Black tea and green tea are the two main types imported into the Taiwanese market.

Viet Nam, Sri Lanka and India are currently the three largest black tea suppliers to Taiwan.

The opening two months of 2022 saw the Taiwanese market increase black tea imports from Viet Nam, and reduce imports from Sri Lanka and India.

The Taiwanese market imports green tea primarily from Viet Nam and Japan. In which, the average import price of green tea from Viet Nam is low, priced at around 1,639 USD per tonne, while that from Japan is high at 11,719.4 USD per tonne.

Algeria remains potential market for Vietnamese farm produce
Vietnamese, Chinese border forces step up cooperation in law enforcement
Vietnamese, Chinese Foreign Ministers hold telephone talks
International fund helps Vietnamese rural residents in market access
Middle East market remains promising for Vietnamese exporters: Experts
(Source: VOV)