Understanding Tea

Luxembourg’s Tea Trade: A Look at Exports, Imports, and Tariffs

Luxembourg, a small European nation known for its thriving financial sector, is also engaged in international trade, including the tea industry. In 2021, Luxembourg exported $277k worth of tea, positioning itself as the 102nd largest exporter of tea globally. However, tea only ranked 742nd among Luxembourg’s exported products that year.

Tea Imports Exports

Tea Exports from Luxembourg

The primary destinations for Luxembourg’s tea exports are France, the Netherlands, Belgium, Germany, and Oman. France tops the list with $123k worth of tea imports from Luxembourg, followed by the Netherlands with $54.1k, Belgium with $32.5k, Germany with $16k, and Oman with $14.4k. Notably, between 2020 and 2021, Luxembourg witnessed significant growth in tea exports to France, which increased by $20.9k. Spain and the Netherlands also displayed promising growth with $9k and $6.53k, respectively.

ContinentCountryTrade Value
AfricaMorocco12
AfricaSouth Africa19
AsiaAzerbaijan160
AsiaHong Kong6
AsiaJordan24
AsiaSouth Korea12
AsiaLebanon6
AsiaOman14,420
AsiaPhilippines48
AsiaTurkey18
EuropeAustria1,643
EuropeBelgium32,455
EuropeSwitzerland992
EuropeCzechia27
EuropeGermany15,960
EuropeSpain13,556
EuropeFrance123,293
EuropeUnited Kingdom1,691
EuropeGreece143
EuropeIreland1,485
EuropeIceland520
EuropeItaly9,582
EuropeMalta615
EuropeNetherlands54,057
EuropeNorway194
EuropePoland49
EuropePortugal867
EuropeRomania1,711
EuropeRussia35
EuropeSlovakia499
EuropeSweden184
North AmericaCanada975
North AmericaUnited States369
OceaniaAustralia55
South AmericaArgentina1,285
Table: Where Does Luxembourg Export Its Tea (2021)

Tea Imports in Luxembourg

In 2021, Luxembourg imported $3.08M worth of tea, establishing itself as the 115th largest global importer of tea. Tea ranked 579th among the most imported products in Luxembourg that year. Luxembourg’s major tea import sources are France, Germany, Belgium, the United States, and the United Kingdom. The highest tea imports were from France, amounting to $919k, followed by Germany with $853k, Belgium with $716k, the United States with $108k, and the United Kingdom with $97.4k. The fastest-growing import markets for tea in Luxembourg between 2020 and 2021 were France, experiencing an increase of $463k, Germany with $139k, and Singapore with $51.9k.

ContinentCountryTrade Value
AfricaCameroon70
AfricaMorocco344
AfricaMauritius2,118
AfricaTogo37
AfricaSouth Africa977
AsiaUnited Arab Emirates367
AsiaChina43,636
AsiaHong Kong51
AsiaIndia9,545
AsiaIsrael28
AsiaJapan19,260
AsiaCambodia48
AsiaSouth Korea6,589
AsiaLebanon45
AsiaSri Lanka27,912
AsiaBurma486
AsiaMalaysia59
AsiaSingapore57,071
AsiaSyria128
AsiaThailand26
AsiaTurkey14,344
AsiaVietnam145
AsiaChinese Taipei467
EuropeAustria3,831
EuropeBelgium715,889
EuropeSwitzerland8,995
EuropeCzechia18,484
EuropeGermany852,633
EuropeDenmark1,688
EuropeSpain15,378
EuropeFrance918,733
EuropeUnited Kingdom97,402
EuropeIreland31
EuropeIceland93
EuropeItaly13,474
EuropeLatvia23
EuropeNetherlands73,686
EuropePoland33,665
EuropePortugal20,977
EuropeSerbia7,165
EuropeSweden794
North AmericaCanada220
North AmericaMexico281
North AmericaUnited States108,377
OceaniaNew Zealand868
South AmericaArgentina1,435
South AmericaBrazil365
South AmericaColombia184
South AmericaUruguay21
Table: Where Does Luxembourg Import Its Tea (2021)

Potential Of Tea Import and Export Between Vietnam-Luxembourg

While the bilateral trade between Vietnam and Luxembourg may not currently reach significant levels, it is worth noting that Luxembourg’s tea imports in 2021 amounted to a total value of $145. Recognizing this, it becomes evident that Vietnam, as a global leader in tea production and export, has immense potential to collaborate with Luxembourg in introducing Vietnamese tea to the Luxembourg market in the foreseeable future.

Tariffs on Tea Trade

In 2019, the average tariff rate imposed by Luxembourg on tea was 0.3%. Notably, certain countries imposed higher import tariffs on tea. The Republic of the Congo, Algeria, Western Sahara, Gabon, and Libya had the highest import tariffs for tea, all standing at a Most Favored Nation duty rate treatment of 0.8%.

Conclusion

Luxembourg’s tea trade reflects its participation in the global market, with both exports and imports playing a role in the country’s economy. While tea exports from Luxembourg are relatively modest, the nation has experienced growth in key markets such as France, Spain, and the Netherlands. On the other hand, tea imports contribute significantly to Luxembourg’s consumption, with France, Germany, and Belgium leading the way. Understanding tariff rates is crucial for tea traders, with Luxembourg applying a relatively low average tariff, while some countries impose higher tariffs on tea imports. As Luxembourg continues its engagement in the global tea trade, it will be interesting to observe how its tea industry evolves in the coming years.

Data: BACI

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