Việt Nam’s tea exports to Australia surge

August 17, 2021 - 09:28

Việt Nam shipped six tonnes of tea worth US$74,000 to Australia in the first half of 2021, showing year-on-year surges of 62.1 per cent in volume and 85 per cent in value, according to the Agency of Foreign Trade at the Ministry of Industry and Trade.

Farmers harvest tea leaves in Tuyên Quang Province. Both black tea and green tea grown in Việt Nam are becoming more popular in Australia. — VNA/VNS Photo Quang Đán

HÀ NỘI — Việt Nam shipped six tonnes of tea worth US$74,000 to Australia in the first half of 2021, showing year-on-year surges of 62.1 per cent in volume and 85 per cent in value, according to the Agency of Foreign Trade at the Ministry of Industry and Trade.

Both black tea and green tea grown in Việt Nam are becoming more popular in the market.

Average prices of Vietnamese tea stand at $12,308 per tonne, up 14.1 per cent compared to the same period last year.

Data from the International Trade Centre showed that Australia imported a total of 7,400 tonnes of tea valued at $60.3 million in H1, up 27.2 per cent in volume and 39 per cent in value against the same period of 2020.

Việt Nam accounted for just 0.08 per cent of Australia's tea imports, up 0.02 percentage point year on year. — VNS

CPTPP, UKVFTA to boost UK – Việt Nam trade relations

Economy

EVN signs contract for national grid power supply project for Côn Đảo

Economy

Canada Brand campaign begins

Economy

Bình Dương takes advantage of opportunities from EVFTA, UKVFTA

Economy

New trade policies of the UK Government to ease Việt Nam's exports

Economy

Thái Bình enjoys another successful year in FDI attraction

More on this story

Economy

Gold association urges Government not to tax exports

The Việt Nam Gold Traders Association has called on the Ministry of Finance to discard its plans to tax export of gold of less than 95 per cent purity, claiming it would badly affect the industry.

Economy

Steel prices hit new high

Steel has hit a new high after a series of rapid price increases from May through June 2021 when they increased by more than 50 per cent compared to the beginning of the year.

Economy

City authorities keen to reopen traditional markets to ensure goods supply amid lockdown

The HCM City People Committee has instructed Thủ Đức City and district authorities to draw up plans to reopen traditional markets and ensure they remain safe from Covid-19.

Economy

Cybersecurity risks healthcare providers should look out for

Many technologies and technology applications have been used by authorities, businesses and residents in their efforts to prevent and control COVID-19, but experts have warned of cybersecurity risks that may come hand in hand with these technologies and apps.

Economy

VN to keep CPI growth low by end of 2021

Việt Nam looks to maintain a Consumer Price Index (CPI) growth lower than 1 per cent during the last quarter of 2021 in an effort to keep inflation under the 4 per cent target for the year, heard a recent meeting between Deputy Prime Minister Lê Minh Khái and the National Pricing Management Committee in Hà Nội.