Bangladesh’s Tea Trade: Exports and Imports

Bangladesh, a nation known for its vibrant culture and scenic landscapes, has been making significant strides in the global tea trade. In 2021, the country demonstrated impressive growth as both an importer and exporter of tea, solidifying its position in the international tea market.

Tea Imports Exports

Tea Exports from Bangladesh

In 2021, Bangladesh’s tea exports reached a commendable value of $2.77 million, positioning the country as the 66th largest tea exporter globally. Bangladesh’s tea export industry witnessed remarkable growth, contributing significantly to the country’s trade portfolio. The data further revealed that tea was the 192nd most exported product from Bangladesh, underscoring its increasing prominence in the country’s export mix.

Among the destinations for Bangladesh’s tea exports, the United Arab Emirates emerged as the leading market, importing tea worth $949,000. The United States followed closely, with imports totaling $934,000, while Pakistan, Italy, and Kuwait accounted for $597,000, $73,900, and $69,900, respectively. These figures highlighted Bangladesh’s success in diversifying its tea export destinations.

Between 2020 and 2021, Bangladesh experienced remarkable growth in its tea exports to the United States, with an impressive increase of $309,000. Italy and Greece also demonstrated substantial growth as tea destinations, with increases of $37,000 and $13,900, respectively. This positive export trend signified Bangladesh’s increasing popularity as a tea supplier in key international markets.

ContinentCountryTrade Value
AfricaMauritius2,973
AsiaUnited Arab Emirates948,889
AsiaChina11,704
AsiaCyprus11,618
AsiaGeorgia3
AsiaJapan15,776
AsiaKuwait69,901
AsiaSri Lanka10
AsiaMongolia121
AsiaMalaysia8,204
AsiaPakistan596,774
AsiaSaudi Arabia271
AsiaSingapore4,173
AsiaTurkey187
EuropeSwitzerland4,570
EuropeCzechia181
EuropeGermany22,307
EuropeDenmark20
EuropeEstonia129
EuropeUnited Kingdom4,730
EuropeGreece14,735
EuropeItaly73,885
EuropeNetherlands158
EuropeSweden2,074
North AmericaCanada35,131
North AmericaUnited States934,347
OceaniaAustralia4,469
Table: Where Does Bangladesh Export Its Tea (2021)

Tea Imports into Bangladesh

In 2021, Bangladesh imported a total of $758,000 worth of tea, positioning it as the 153rd largest tea importer globally. Tea held a significant position among Bangladesh’s imported products, ranking 869th in terms of import value, underlining the country’s growing reliance on foreign tea sources.

Bangladesh’s primary sources of tea imports included the United Arab Emirates, contributing a substantial $291,000, followed by Kenya ($239,000), Sri Lanka ($82,700), China ($62,300), and Thailand ($20,900). These figures indicated Bangladesh’s preference for sourcing tea from neighboring countries and other key international partners.

Between 2020 and 2021, Bangladesh witnessed remarkable growth in its tea imports from the United Arab Emirates, with an increase of $197,000. Sri Lanka and Indonesia also demonstrated noteworthy growth as tea suppliers, with imports increasing by $39,100 and $14,300, respectively. These trends highlighted Bangladesh’s adaptability in exploring diverse tea sources.

ContinentCountryTrade Value
AfricaKenya238,746
AfricaRwanda10,137
AsiaUnited Arab Emirates291,194
AsiaChina62,257
AsiaIndonesia19,687
AsiaIndia9,830
AsiaSouth Korea693
AsiaSri Lanka82,702
AsiaSingapore10,019
AsiaThailand20,935
AsiaTurkey59
EuropeNorth Macedonia313
North AmericaCanada169
North AmericaUnited States10,681
OceaniaAustralia874
South AmericaBrazil44
Table: Where Does Bangladesh Import Its Tea (2021)

Conclusion

Bangladesh’s tea trade in 2021 exemplified a story of success, with both exports and imports playing pivotal roles in the country’s trade landscape. As an exporter, Bangladesh’s growing tea exports to the United Arab Emirates, the United States, and emerging markets like Italy and Greece underscored its importance in the global tea market. On the import front, Bangladesh’s reliance on neighboring countries like the United Arab Emirates and other international partners demonstrates its pragmatic approach to meeting domestic tea demand.

The data for 2021 points towards a promising future for Bangladesh’s tea industry. By capitalizing on the fastest-growing export markets and actively fostering trade relationships with emerging import sources, Bangladesh can further solidify its position in the global tea trade. By nurturing its tea sector and exploring new market opportunities, Bangladesh can continue to thrive as a significant player in the international tea market, contributing to the country’s economic growth and strengthening its ties with tea enthusiasts worldwide.

Data: BACI

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