January 23, 2025 | 02:18 GMT +7
January 23, 2025 | 02:18 GMT +7
Hotline: 0913.378.918
At the Consulting session on exporting tea and coffee products to Taiwan and Hong Kong markets, held by the Trade Promotion Agency (Ministry of Industry and Trade), on the morning of April 28, Mr. Vu Van Cuong, Chief Representative of the Trade Department of the Vietnam Economic and Cultural Office in Taipei, said that Vietnam is currently the largest source of imported tea for this market.
In 2020, Taiwan imported 31,000 tons of tea, worth $77 million. In which, Vietnam’s tea is 17 thousand tons, worth $27 million, accounting for 56% in quantity but only 35% in value of tea imported into Taiwan.
Vietnam’s tea imported into Taiwan is mainly used in food processing using tea ingredients such as milk tea, matcha powder (ground tea)... Consequently, Vietnam’s tea imported into Taiwan is usually packed in large bags, over 3kg/package. The type of tea in large packages in Taiwan is mainly Vietnam’s tea.
Meanwhile, tea from many other countries such as Japan, Sri Lanka ... imported into Taiwan is mainly packed in small bags, canned and sold at specialized tea shops, to sell to Taiwanese consumers to make daily drinks or give each other as gifts.
According to the Agency of Foreign Trade (Ministry of Industry and Trade), in the first 2 months of 2022, the Taiwanese market imported the most tea from Vietnam, reaching 2 thousand tons, worth $3 million, up 3.5% in quantity and 0.9% in value over the same period in 2021. Vietnam's tea import accounted for 47.7% of the total tea import volume of the Taiwan market in the first two months of the year.
Translated by Hoang Duy
(VAN) Bringing the bulls to market was the USDA’s downward revision of 2024-25 forecasts for US corn and soybean carryover, production and yields.
(VAN) A cooperative has processed cinnamon leaves for export to India, creating regular employment for dozens of workers who have a stable income from this byproduct.
(VAN) Wood and wood products exports in 2024 have surpassed the record set in 2022, establishing a new milestone in export revenue.
(VAN) The US Department of Agriculture seems to have had a difficult time projecting US soybean oil exports for this marketing year.
(VAN) Data from the USDA shows more than 20 million egg-laying chickens in the U.S. died last quarter because of bird flu.
(VAN) DNo Farm is the first entity to cultivate vegetables and fruits that meet GlobalGAP standards, and it is also the first and only entity in Dak Nong to export these products to Singapore.
(VAN) If anything can derail a price rally, it is a curveball from the U.S. Department of Agriculture.