Vietnam remains seventh largest tea supplier to US

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 tonne.

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.

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./.