Vietnam becomes fifth largest tea exporter worldwide
The country exporting 108,000 tons of tea in the first three quarters of the year, earning $189 million.
Topic: tea exports
2023 tea exports estimated at 121,000 tons
Total export revenue stood at $211 million as volume and value both see double-digit declines.
Much to do to boost value of tea exports
The General Department of Vietnam Customs has said the average export price of tea from Vietnam is currently $1,781 per ton, only two-thirds of the average global price. The price is low due to shortcomings such as an unreasonable varieties, insufficient investment in high-quality tea, and limited processing and consumption. Vietnam has 370 organizations and enterprises involved in exporting tea to 74 countries and territories, but these are mainly raw products with low value.