Briefing on China's tea import and export in August 2024

In August 2024, China's tea exports experienced a notable year-on-year increase, with a reduced decline in export value compared to the January to July period. Green tea exports saw growth in both volume and value, while black tea exports decreased but at a slower rate than the overall year. Jasmine tea exports, however, declined in both volume and value, diverging from the general trend. On the import side, both green and black tea import volumes and values rose year-on-year, though the increases were less than the overall year. Import prices for green tea increased due to higher-priced imports from Taiwan earlier in the year.

Monthly comparison In August 2024, China's tea exports increased significantly year-on-year, and the year-on-year decline in export value narrowed compared with January to July, while the year-on-year decline in export prices was slightly greater than the overall level this year. Looking at imports, the import volume and import value of tea in August increased year-on-year, continuing the trend in July, but the increase was still lower than the overall level this year, while the year-on-year decline in import prices was the same as the overall level this year. Tea comparison August 2024: China's green tea export volume increased year-on-year more than the overall level this year, and the export value also increased year-on-year, which was in contrast to the overall level this year. The year-on-year decline in export prices was the same as the overall level this year; China's black tea export volume, export value, and export price decreased year-on-year, but the decline was smaller ...