2022
Exports
$207MWorld Rnk 8 / 197
Flag Rnk 214 / 1176
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$83.4MWorld Rnk 25 / 223
Flag Rnk 457 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $207M in Tea, making it the 8th largest exporter of Tea in the world. At the same year, Tea was the 214th most exported product in Vietnam. The main destination of Tea exports from Vietnam are: Pakistan ($84.7M), Chinese Taipei ($26.7M), China ($17.5M), Russia ($16.8M), and United States ($10.2M).

The fastest growing export markets for Tea of Vietnam between 2021 and 2022 were Pakistan ($12.8M), China ($3.53M), and South Korea ($2.87M).

Imports In 2022, Vietnam imported $83.4M in Tea, becoming the 25th largest importer of Tea in the world. At the same year, Tea was the 457th most imported product in Vietnam. Vietnam imports Tea primarily from: China ($52M), Hong Kong ($15.6M), Indonesia ($5.37M), Chinese Taipei ($2.31M), and Thailand ($2.14M).

The fastest growing import markets in Tea for Vietnam between 2021 and 2022 were Thailand ($1.21M), Indonesia ($1.18M), and Chinese Taipei ($621k).

COMPANIES In 2023, leading companies such as Amazon (2), Euromarket Designs (1), and IKEA Group (1) were at the forefront of shipping Tea from Vietnam to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tea. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$207M
IMPORTS (2022)$83.4M
NET TRADE (2022)$124M

In 2022, Vietnam exported $207M in Tea. The main destinations of Vietnam exports on Tea were Pakistan ($84.7M), Chinese Taipei ($26.7M), China ($17.5M), Russia ($16.8M), and United States ($10.2M).

In 2022, Vietnam imported $83.4M in Tea, mainly from China ($52M), Hong Kong ($15.6M), Indonesia ($5.37M), Chinese Taipei ($2.31M), and Thailand ($2.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Pakistan$12.8M (17.9%)
China$3.53M (25.2%)
South Korea$2.87M (1.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Vietnam WERE (2021 - 2022):
Russia-$3.26M (-16.3%)
Iraq-$2.69M (-27.2%)
Chinese Taipei-$2.18M (-7.53%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Vietnam's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10M
TOP IMPORT POTENTIALChina+ $9.27M

Tea’s highest export potential is China. With an export gap of $10M.   Tea’s highest import potential is China with an import gap of $9.27M.

See methodology.

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