Increasing the value of Vietnam’s tea exports

Increasing the value of Vietnam’s tea exports

Over the past 15 years, the tea sector has surpassed its set targets for cultivated acreage, productivity and export volume. But export tea prices are lower than those in other countries such as India, Sri Lanka, and Kenya.

Vietnam has a total area of 120,000 hectares of tea grown in 34 provinces, mostly in the northern mountainous and the central highlands regions.

In 2009, the average price of tea in those countries was US$2.43 per kilo while Vietnamese tea stood at US$1.23 per kilo.

Between 1998 and this year, the world’s average tea price increased by 18 percent while Vietnam’s tea price fell by 20 percent.

Source: english.vovnews.vn