Understanding Tea

Greek’s Tea Trade: Export Performance and Import Trends

Greece’s tea trade showcases the country’s engagement with this globally cherished beverage. With tea exports reaching $1.85M, Greece maintains a significant position among tea-exporting nations, with Cyprus, France, and Bulgaria as its primary trade partners. Furthermore, Greece’s tea imports valued at $10.6M signify its active participation in the tea market, primarily sourcing from Poland, Sri Lanka, and Germany. The substantial growth in both exports and imports highlights Greece’s evolving role in the global tea trade.

Tea Imports Exports

Exports

In 2021, Greece’s tea exports reached a total value of $1.85M, securing its position as the 72nd largest tea exporter globally. Among Greece’s exported products, tea ranked as the 705th most prominent item. The primary destinations for Greek tea exports were Cyprus, accounting for $603k, followed by France ($223k), Bulgaria ($182k), the United States ($145k), and Germany ($98.6k).

Greece witnessed remarkable growth in its tea exports between 2020 and 2021. The fastest-growing export markets for Greek tea during this period were Cyprus, showing an increase of $249k, Bulgaria with $128k, and Germany with $50.9k.

ContinentCountryTrade Value
AfricaBotswana17
AfricaKenya60
AfricaTanzania38
AfricaUganda549
AfricaSouth Africa205
AsiaUnited Arab Emirates47,723
AsiaBahrain104
AsiaChina52
AsiaCyprus602,609
AsiaGeorgia68
AsiaHong Kong1,164
AsiaIndonesia1,672
AsiaIsrael166
AsiaJapan14,273
AsiaSouth Korea18,817
AsiaKuwait13,845
AsiaOman5,095
AsiaPhilippines2,309
AsiaQatar4,686
AsiaSaudi Arabia29,975
AsiaSingapore11,277
AsiaThailand209
AsiaTurkey213
AsiaChinese Taipei135
EuropeAlbania97,068
EuropeAustria2,598
EuropeBelgium17,103
EuropeBulgaria181,575
EuropeSwitzerland36,702
EuropeCzechia44,705
EuropeGermany98,568
EuropeDenmark487
EuropeSpain1,493
EuropeEstonia95
EuropeFrance223,117
EuropeUnited Kingdom67,169
EuropeHungary10,321
EuropeIreland4,587
EuropeIceland41
EuropeItaly2,147
EuropeLithuania54
EuropeNorth Macedonia505
EuropeMalta187
EuropeMontenegro101
EuropeNetherlands29,915
EuropeNorway15,905
EuropePoland5,131
EuropeRomania13,595
EuropeRussia1,996
EuropeSerbia1,932
EuropeSlovakia41
EuropeSlovenia21,396
EuropeSweden693
North AmericaBermuda34
North AmericaCanada67,214
North AmericaUnited States144,746
OceaniaAustralia8,407
South AmericaChile66
Table: Where Does Greece Export Its Tea (2021)

Imports

In 2021, Greece imported tea worth $10.6M, establishing itself as the 85th largest tea importer worldwide. Tea ranked as the 633rd most imported product in Greece. The primary sources of Greece’s tea imports were Poland, accounting for $3.32M, followed by Sri Lanka ($2.29M), Germany ($1.6M), Pakistan ($631k), and the Netherlands ($522k).

Greece experienced significant growth in its tea imports between 2020 and 2021. Notably, Poland led the way with an increase of $1.07M, followed by Pakistan with $349k, and Germany with $254k.

ContinentCountryTrade Value
AfricaEgypt28,382
AfricaKenya9,724
AfricaMozambique187
AsiaUnited Arab Emirates134,505
AsiaBangladesh14,735
AsiaChina330,947
AsiaCyprus142,482
AsiaIndia133,108
AsiaJapan59,558
AsiaSouth Korea602
AsiaSri Lanka2,290,392
AsiaPakistan631,280
AsiaTurkey26,702
AsiaVietnam1,232
AsiaChinese Taipei2,772
EuropeAustria6,950
EuropeBelgium28,650
EuropeBulgaria47,981
EuropeSwitzerland10,470
EuropeCzechia24,681
EuropeGermany1,600,817
EuropeDenmark2,086
EuropeSpain71,544
EuropeFrance224,342
EuropeUnited Kingdom206,886
EuropeCroatia218,394
EuropeHungary764
EuropeIreland9,792
EuropeItaly261,197
EuropeLithuania5,870
EuropeLuxembourg143
EuropeLatvia85,015
EuropeNorth Macedonia5,216
EuropeNetherlands522,308
EuropePoland3,319,756
EuropeRussia10,655
EuropeSerbia20,513
EuropeSlovakia7,743
EuropeSlovenia7,744
EuropeSweden20,161
EuropeUkraine4,799
North AmericaJamaica2,190
North AmericaUnited States16,831
OceaniaAustralia18,960
South AmericaBrazil8,352
Table: Where Does Greece Import Its Tea (2021)

Tariffs

In 2019, the average tariff for Greece concerning tea was 0.3%. Among the countries imposing the highest import tariffs for tea, Republic of the Congo, Algeria, Western Sahara, Gabon, and Libya all applied a Most Favored Nation duty rate treatment of 0.8%.

Potential Of Tea Import and Export Between Vietnam-Greece

While the bilateral trade between Vietnam and Greece may not currently reach significant levels, it is worth noting that Greece’s tea imports in 2021 amounted to a total value of $1,232. Recognizing this, it becomes evident that Vietnam, as a global leader in tea production and export, has immense potential to collaborate with Greece in introducing Vietnamese tea to the Greece market in the foreseeable future.

Data: BACI

Leave a Reply