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Exports In 2022, Vietnam exported $2.99M in Tea and mate extracts, essences and concentrates, making it the 35th largest exporter of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2020th most exported product in Vietnam. The main destination of Tea and mate extracts, essences and concentrates exports from Vietnam are: Japan ($1.06M), South Korea ($437k), United States ($331k), Hong Kong ($210k), and Chile ($186k).

The fastest growing export markets for Tea and mate extracts, essences and concentrates of Vietnam between 2021 and 2022 were South Korea ($305k), Japan ($283k), and Chile ($186k).

Imports In 2022, Vietnam imported $20.4M in Tea and mate extracts, essences and concentrates, becoming the 20th largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 1553rd most imported product in Vietnam. Vietnam imports Tea and mate extracts, essences and concentrates primarily from: China ($8.19M), Singapore ($4.14M), United States ($3.53M), South Korea ($1.11M), and Japan ($1.02M).

The fastest growing import markets in Tea and mate extracts, essences and concentrates for Vietnam between 2021 and 2022 were Singapore ($3.81M), China ($1.97M), and Japan ($723k).

COMPANIES In 2023, leading companies such as Old Navy (6.48k), Sailun Tire (5.96k), and LG Electronics (5.75k) were at the forefront of shipping Tea and mate extracts, essences and concentrates from Vietnam to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.99M
IMPORTS (2022)$20.4M
NET TRADE (2022)-$17.4M

In 2022, Vietnam exported $2.99M in Tea and mate extracts, essences and concentrates. The main destinations of Vietnam exports on Tea and mate extracts, essences and concentrates were Japan ($1.06M), South Korea ($437k), United States ($331k), Hong Kong ($210k), and Chile ($186k).

In 2022, Vietnam imported $20.4M in Tea and mate extracts, essences and concentrates, mainly from China ($8.19M), Singapore ($4.14M), United States ($3.53M), South Korea ($1.11M), and Japan ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea and mate extracts, essences and concentrates EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
South Korea$305k (230%)
Japan$283k (36.5%)
Chile$186k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea and mate extracts, essences and concentrates BY Vietnam WERE (2021 - 2022):
United States-$525k (-61.3%)
China-$287k (-84.3%)
Mongolia-$181k (-91.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Tea and mate extracts, essences and concentrates were:
In 2022, Vietnam's main importing competitors in Tea and mate extracts, essences and concentrates were:

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Trade Value of Tea and mate extracts, essences and concentrates by Exporters

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