Azerbaijan, a country nestled in the crossroads of Europe and Asia, has emerged as a significant player in the global tea trade.
Tea Exports from Azerbaijan
In 2021, Azerbaijan exported tea valued at $8.89 million, positioning it as the 47th largest tea exporter worldwide. Among Azerbaijan’s export commodities, tea ranked as the 41st most exported product during the same year. The primary destinations for Azerbaijani tea exports were Georgia, with a value of $4.94 million, followed by Ukraine at $2.39 million, Russia at $397,000, Saudi Arabia at $273,000, and Israel at $198,000.
Emerging Export Markets
Azerbaijan experienced notable growth in tea exports between 2020 and 2021, particularly in emerging markets. The fastest-growing export markets for Azerbaijani tea during this period were Ukraine, with an impressive increase of $516,000, followed by Israel at $169,000, and Turkey at $142,000. These figures highlight the expanding demand for Azerbaijani tea in these emerging markets.
Where Does Azerbaijan Export Its Tea (2021)
|Asia||United Arab Emirates||90,705|
|North America||United States||36,292|
Tea Imports into Azerbaijan
In 2021, Azerbaijan imported tea worth $63.3 million, ranking it as the 31st largest tea importer globally. Tea stood as the 39th most imported product within Azerbaijan during the same year. Azerbaijan primarily sourced its tea imports from Sri Lanka, accounting for imports worth $50.1 million, followed by Russia at $5.95 million, Georgia at $2.24 million, India at $1.62 million, and Vietnam at $861,000.
Emerging Import Markets
Azerbaijan’s tea imports witnessed substantial growth between 2020 and 2021. The fastest-growing import markets for tea in Azerbaijan during this period were India, with an increase of $647,000, followed by Turkey at $389,000, and Rwanda at $280,000. These figures highlight Azerbaijan’s evolving preference for tea from these countries and the diversification of its tea sources.
In 2019, the average tariff for tea in Azerbaijan stood at 12%. Among the countries imposing the highest import tariffs for tea in Azerbaijan were Angola, applying a Most Favoured Nation duty rate treatment at 12.5%, followed by Burundi, Benin, Burkina Faso, and Botswana, all applying the same Most Favoured Nation duty rate treatment at 12.5%.
Where Does Azerbaijan Import Its Tea (2021)
|Asia||United Arab Emirates||491,799|
|North America||United States||289|
Vietnam Tea: A Popular and Reliable Choice for Azerbaijan’s Imports
Vietnam tea has consistently been a popular and trustworthy choice for Azerbaijan, thanks to its premium quality and competitive pricing. In 2021, Azerbaijan imported tea from Vietnam with a total value of $861,486, marking a 6.5% increase compared to the previous year. Vietnam holds a significant position as an important supplier of tea to Azerbaijan, catering to its tea requirements effectively.
Azerbaijan’s tea trade demonstrates its growing presence in the global market. With increasing tea exports to Georgia, Ukraine, and emerging markets like Israel and Turkey, Azerbaijan’s tea industry is gaining recognition for its quality products. Simultaneously, tea imports from Sri Lanka, Russia, and India highlight Azerbaijan’s diverse range of tea sources and evolving consumer preferences. Understanding emerging markets and their demands, alongside monitoring tariff policies, will be crucial for Azerbaijan’s tea trade growth. As Azerbaijan continues to strengthen its tea industry, nurturing trade relationships and staying abreast of tariff regulations will be pivotal to driving sustainable development and capitalizing on new trade opportunities in this dynamic sector.