Tea shipment from Vietnam made up 84.1% of the total export amount to Taiwan (China)
In the Jan-Sept period 2019, Vietnam exported 14,200 tons of tea to Taiwan (China) valued at USD22.55 million; a 6.1% rise in volume and an 8.3% increase in value compared to the same period last year.
In the nine months, the average import price of tea from Vietnam stood at USD1,585.8 a ton, a year-on-year rise of 2%.
Green tea import of Taiwan (China) over the past 9 months reached 7,500 tons, worth USD20.5 million. The market mainly imported green tea from Vietnam and Japan, in which shipment from Vietnam made up 84.1%.
According to Taiwan (China) Department of Trade Statistics, in the first 9 months of 2019, tea import reached more than 24,000 tons, worth USD 60 million with average price of USD2,473.2 a ton.
US recognizes Vietnam’s pangasius quality control system
The Food Safety and Inspection Service (FSIS) under the United States Department of Agriculture has officially recognized Vietnam’s Pangasius Food Safety Control System after more than three years of negotiations.
Vietnam had yearly production of 1.3 million tonnes of pangasius
According to Deputy Minister of Agriculture and Rural Development (MARD) Phung Duc Tien, it proved Vietnam had a system in place that met US market requirements, which were among the strictest in the world.
In order to meet US regulations, MARD said it had been working closely with stakeholders in Vietnam for three years to develop a system that met the US Farm Bill 2014.
According to MARD’s statistics, Vietnam had yearly production of 1.3 million tonnes of pangasius, India had 650,000 tonnes, Bangladesh had 450,000 tonnes, Indonesia had 110,000 tonnes and China had 10,000 tonnes.
Production in other markets was lower than in Vietnam, but they could increase production capacity when they joined the export market. With technology added to production, they could be fierce competitors for Vietnam, said MARD Minister Nguyen Xuan Cuong.
Vietnam enjoys trade surplus with Israel
According to Vietnam News Agency, Vietnam-Israel trade reached over USD790 million in the first nine months of 219, with Vietnam’s export revenue of about USD410 million, according to the Vietnam Trade Office in Israel.
Vietnam’s export of footwear to Israel continued to expand 22.3% in the first 9 months
Trade Councellor Le Thai Hoa said that Vietnam and Israel have supplementary demands in imports and exports. Many Israeli firms are keen on directly importing food, foodstuff, beverage, garments and footwear from Vietnam, he noted.
Hoa said that in the first nine months of 2019, Vietnam’s export of footwear to Israel continued to expand 22.3% year on year, while that of aquatic products dropped 32.2% as Israel has been strengthening food safety regulations on imported foodstuff since the end of 2018.
Vietnamese rice continued to take a stable market share in Israel, noted Hoa who said that in the first 10 months of 2019, Vietnam’s export revenue in the Israeli market was estimated at more than USD670 million, while the country’s imports were about USD215 million.
He predicted that for the whole year, the figures may reach over USD800 million and about USD260 million, respectively, thus raising trade between the two countries to over USD1 billion./.