Tea exports earn US$120 million in 7 months

(VOV) -The Ministry of Agriculture and Rural Development (MARD) reports Vietnam exported 77,000 tonnes of tea in the past seven months, earning US$120 million up 4.1% in value.

MARD attributed the rise to the surging price of tea on global markets. The US$1,526 per tonne benchmark was 4.4% higher than last year’s figure.

More than 16,000 tonnes of tea were shipped abroad in July alone, reaping nearly US$27 million.

Taiwan consumed US$14.3 million worth of tea imports, making it Vietnam’s largest customer, increasing 11.9% year-on-year.

Pakistan’s more than US$17.5 million in import value placed it second.

The US, the United Arab Emirates, Germany, and Poland all demonstrated their promise for Vietnamese tea exporters, their individual turnovers each improving 1.2–1.4 times last year’s levels.

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