HS Icon Tea

0902 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $7.44B, Rnk 393 / 1217

2019
Top Exporter | Top Importer
: $1.77B | $601M, China | Pakistan

2019
Product Complexity
: -2.14, Rnk 942 / 961

2018 - 2019
Export Growth (CAGR)
: -6.33%, Rnk 811 / 1217

2018
Mean Tariff
: 9.97%, Rnk 428 / 1259

 2019
Share of World Trade
: 0.041%, Rnk 393 / 1217

Overview:  This page contains the latest trade data of Tea. In 2019, Tea were the world's 393rd most traded product, with a total trade of $7.44B. Between 2018 and 2019 the exports of Tea decreased by -6.33%, from  $7.94B to $7.44B. Trade in Tea represent 0.041% of total world trade.

Exports: In 2019 the top exporters of Tea  were China ($1.77B), Kenya ($1.13B), India ($848M), Sri Lanka ($811M), and United Arab Emirates ($311M).

Imports: In 2019 the top importers of Tea were Pakistan ($601M), United States ($489M), Russia ($410M), Hong Kong ($374M), and United Kingdom ($324M).

Tariffs: In 2018 the average tariff for Tea was 9.97%, making it the 428th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Tea are South Korea (255%), Turkey (144%), India (96.4%), Thailand (87.6%), and Laos (38.3%). The countries with the lowest tariffs are South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Lebanon (0%).

Ranking: Tea ranks 942nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.77B

Top Destination (2019): Pakistan, $601M

Tea are the world's 393rd most traded product.

In 2019, the top exporters of Tea were China ($1.77B), Kenya ($1.13B), India ($848M), Sri Lanka ($811M), and United Arab Emirates ($311M).

In 2019, the top importers of Tea were Pakistan ($601M), United States ($489M), Russia ($410M), Hong Kong ($374M), and United Kingdom ($324M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $115M

Top Destination Growth (2018 - 2019): Hong Kong, $67.6M

Between 2018 and 2019, the exports of Tea grew the fastest in China ($115M), Poland ($43.6M), India ($40.1M), Hong Kong ($22.9M), and Nepal ($15.4M).

Between 2018 and 2019, the fastest growing importers of Tea were Hong Kong ($67.6M), Vietnam ($65.6M), Malaysia ($46.4M), India ($27.9M), and Myanmar ($11.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Tea.

In 2019,  market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Tea are explained by 16 countries.

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TOP NET EXPORTER (2019): China, $1.57B

TOP NET IMPORTER (2019): Pakistan, $576M

This map shows which countries export or import more of Tea. Each country is colored based on the difference in exports and imports of Tea during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Tea were China ($1.57B), Kenya ($1.11B), Sri Lanka ($797M), India ($795M), and United Arab Emirates ($137M).

In 2019, the countries that had a largest trade value in imports than in exports of Tea were Pakistan ($576M), United States ($387M), Russia ($307M), Hong Kong ($302M), and Iran ($286M).

Disaggregation

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Value

In 2019, the world most traded Tea, disaggragated by their HS6 level were Tea, black (fermented or partly) in... ($3.54B), Tea, black (fermented or partly) in... ($1.73B), Tea, green (unfermented) in packages <... ($1.12B), and Tea, green (unfermented) in packages >... ($1.04B)

Import Tariffs

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In 2018, the average tariff for importing Tea was 9.97%.  The countries with the highest tariffs for importing Tea were South Korea (255%), Turkey (144%), India (96.4%), Thailand (87.6%), and Laos (38.3%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.