Vietnam holds its place as seventh largest tea supplier to US

Friday, 26/11/2021 17:17
According to the Ministry of Industry and Trade, Vietnam held its place as the seventh largest tea supplier to the United States during the past nine months of the year with 4,100 tonnes worth US$5.7 million.

The figures represented a rise of 1.8% in volume and 7.9% in value against the same period last year, while the average import price of tea from the Vietnamese market also surged by 6.1% on-year to reach US$1,404.8 per tone, reported VOV.

Elsewhere, Argentina made up the largest tea supplier to the US during the nine-month period with 33,800 tonnes worth US$43.7 million, followed by China with 8,800 tonnes worth US$ 38.9 million.

Statistics from the United States International Trade Commission (USITC) indicate that the US imported 85,900 tonnes of tea worth US$375.5 million throughout the reviewed period, a rise of 8.2% in volume and 14% in value compared to last year’s corresponding period.

(Photo for illustration/ Source: https://congthuong.vn)

Furthermore, the average price of imported tea in the US market increased by 5.3% on-year to US$4,372.2 per tonne.

Black tea made up a major imported item to the US market with 72,400 tonnes worth US$229.1 million, a rise of 9.2% in volume and 10.2% in value compared to the same period from last year.

The US imported the most black tea from markets such as Argentina and India, accounting for 55.4% of the total import volume of black tea to the US market in the reviewed period.

Vietnam became the sixth largest supplier of black tea to the US, with the import volume and value of black tea from the Vietnamese market enjoying an upward trajectory.

However, the US’ green tea imports from the country saw a decrease in terms of both volume and value with 500 tonnes worth US$952,000, a drop of 22.7% in volume and down 8.2% against the same period from last year.

Vietnam’s coffee export predicted to grow higher

The Institute of Policy and Strategy for Agriculture and Rural Development has forecast that Vietnam’s coffee export will increase in coming months on the back of growing global demand and free trade agreements, reported VNA.

Illustrative image (Photo: VNA)

According to the Vietnam Coffee – Cocoa Association, coffee export will reach nearly 130,000 tonnes monthly in November and December. If export prices remain high like at present, it could bring home additional 600 million USD, bringing the yearly total to 3 billion USD.

Due to the COVID-19 pandemic, the sale of coffee materials has met difficulties. With disruptions in supply from Vietnam and Brazil and hiking logistics costs, the world coffee prices are predicted to rebound in the coming time, prompting Vietnamese farmers to switch to growing them again after two years of inter-cropping practice.

At present, the Central Highlands provinces are harvesting coffee but facing shortage of workers caused by the pandemic.

Photo for illustration (Source: cafef.vn)

The Dak Nong provincial Department of Agriculture and Rural Development reported that during the 2021-2022 crop, Dak Nong has over 130,000ha of coffee and needs about 13 million workers for harvest. However, only half of the workforce needed are available.

Provinces have built their own plans to pool workforce for coffee harvest depending on four levels of the pandemic risks.

In ten months of this year, Vietnam exported 1,286 tonnes of coffee worth 2.45 billion USD, down 4.2 percent in volume and up 5.4 percent in value year-on-year. Its biggest market was the European Union with a revenue of around 769 million USD, down 17 percent annually. ASEAN spent 259 million USD on importing Vietnamese coffee, marking an annual decrease of 19.45 percent.

Vietnam’s shipments of coffee to Germany, the US and Italy also dropped by 1.52 percent, 20 percent and 2.53 percent, respectively, to 319 million USD, 189 million USD and 172 million USD./.

Bamboo Airways brings first foreign visitors back to Khanh Hoa

A Bamboo Airways flight carrying 43 vaccinated passengers from Seoul (the Republic of Korea) arrived at Cam Ranh Ran International Airport in Khanh Hoa province on November 25, reported VOV.

The visitors wear protective clothing throughout the Seoul - Cam Ranh flight as part of COVID-19 prevention and control measures to protect them from possible virus infection. (Photo: thanhnien.vn)

The visitors wear protective clothing throughout the Seoul - Cam Ranh flight as part of COVID-19 prevention and control measures to protect them from possible virus infection. (Photo: thanhnien.vn)

This was the first flight bringing foreign visitors with vaccine passports to Khanh Hoa after nearly two years. The visitors bear American and Canadian citizenships.

Upon arrival, the visitors were transferred to a designated hotel they had earlier booked for a seven-day package tour. They were required to make a health declaration and undergo a COVID-19 test.

Khanh Hoa is one of the five localities in Vietnam that have received the Prime Minister’s permission to welcome back foreign visitors on a trial basis. The other four localities are Quang Nam, Da Nang, Kien Giang and Quang Ninh.

To visit Vietnam this time, the visitors are required to have a vaccine passport and have a negative COVID-19 test at least 72 hours before their departure.

Vietnam had closed its skies to air travel since late 2020 to combat the COVID-19 pandemic. The Prime Minister recently allowed the Vietnam National Administration of Tourism to implement a pilot scheme in five localities to receive back foreign visitors.

Last week Vietnam welcomed first groups of foreign visitors to Quang Nam and Kien Giang provinces./.

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