Tea exports earn $23m in eight months

Tea exports earned US$23 million in the month of August, 80 per cent more than in the same month a year earlier, according to the Viet Nam Tea Association.

The volume of exports during the month reached 15,000 tonnes, a 30-per-cent increase, bringing total volume in the first eight months of the year to 85,000 tonnes – worth a cumulative $124 million.

“Tea exporters continue to enjoy high prices,” said Nguyen Viet Chien, director of the Information Technology and Statistics Centre under the Ministry of Agriculture and Rural Development, noting that the average price had surged by 15 per cent over the same period last year to $1,500 per tonne.

Viet Nam has now become the fifth leading tea exporter in the world, with Pakistan, Russia and Taiwan its leading markets.

Tags: Vietnam tea, Vietnam tea exports

Posted by VBN on Sep 30 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry