Chile, with its favorable climate and agricultural expertise, has carved a niche for itself in the global tea market. In 2021, Chile exported tea worth $4.43M, positioning itself as the 58th largest tea exporter worldwide. While tea ranked as the 325th most exported product from Chile in that year, its significance in Chile’s trade landscape is undeniable.
Chilean Tea Exports
Peru emerged as the top destination for Chilean tea exports, importing tea valued at $2.38M from Chile. Guatemala followed with $629k, Paraguay with $504k, Uruguay with $281k, and Panama with $127k. These destinations highlight the global demand and appreciation for Chilean tea.
Notably, the fastest-growing export markets for Chile’s tea between 2020 and 2021 were Peru, experiencing a significant increase of $2.19M, followed by Uruguay with $135k and Paraguay with $86.4k.
|North America||Costa Rica||23,842|
|North America||El Salvador||50,641|
|North America||United States||67,572|
Tea Imports in Chile
In 2021, Chile imported tea worth $59.9M, positioning itself as the 34th largest tea importer globally. Although tea ranked as the 257th most imported product in Chile that year, its import trends reflect a growing demand for a diverse range of teas within the country. Chile primarily imports tea from Sri Lanka, Kenya, Argentina, Poland, and Peru. Sri Lanka held the largest share, accounting for $35.7M in tea imports, followed by Kenya with $5.3M, Argentina with $4.77M, Poland with $3.28M, and Peru with $3.08M.
Notably, between 2020 and 2021, Peru witnessed significant growth in tea imports by Chile, with an increase of $3M. Poland followed suit with a notable increase of $991k, while China experienced a rise of $789k.
|Asia||United Arab Emirates||121,146|
|North America||Costa Rica||90|
|North America||United States||1,606,980|
Vietnam Tea: A Popular and Reliable Choice for Chile’s Imports
Vietnam tea has consistently been a popular and trustworthy choice for Chile, thanks to its premium quality and competitive pricing. In 2021, Chile imported tea from Vietnam with a total value of $443,954. Vietnam holds a significant position as an important supplier of tea to Chile, catering to its tea requirements effectively.
Tariffs and Trade Dynamics
In 2018, the average tariff for tea imports in Chile was 3.5%. Chile maintains import tariffs to support local tea production and safeguard domestic industries. The countries with the highest import tariffs for tea in Chile were Botswana, Cote d’Ivoire, Cameroon, Democratic Republic of the Congo, and Cape Verde, each applying a Most Favoured Nation duty rate treatment of 6%.
Chile’s tea industry is experiencing steady growth, positioning itself as a notable exporter and importer in the global tea trade. With its favorable climate and commitment to producing high-quality teas, Chile continues to captivate tea enthusiasts worldwide. As Chile expands its tea exports to existing and emerging markets, the industry is poised for further development. Additionally, Chile’s growing imports signify the nation’s growing tea culture and the expanding demand for a diverse range of teas within its borders. As Chile navigates the global tea trade, it will play a crucial role in shaping the dynamics of the industry and furthering the appreciation of tea among tea connoisseurs worldwide.