Mongolia’s Tea Trade: Cultivating Flavorful Exports and Embracing Global Brews

Mongolia, known for its vast landscapes and rich cultural heritage, is gradually making its presence felt in the global tea trade.

Tea Imports Exports

Mongolia’s Tea Exports

In 2021, Mongolia exported tea valued at $37.3k, positioning itself as the 127th largest tea exporter globally. Tea stood as the 233rd most exported product from Mongolia during the same year. The main destinations for Mongolian tea exports were South Korea, accounting for the majority at $26k, followed by the United States at $6.25k, Russia at $2.28k, Czechia at $1.15k, and France at $762.

Emerging Export Markets

Mongolia witnessed significant growth in tea exports between 2020 and 2021, reflecting an increasing demand for its unique tea products. The fastest-growing export markets for Mongolian tea during this period were South Korea, experiencing substantial growth at $16.1k, followed by Czechia at $1.15k, and the United States at $662. These figures highlight Mongolia’s ability to tap into emerging markets and cater to the evolving preferences of tea connoisseurs worldwide.

Where Does Mongolia Export Its Tea (2021)

ContinentCountryTrade Value
AsiaChina150
AsiaSouth Korea26,040
AsiaThailand34
EuropeSwitzerland152
EuropeCzechia1,150
EuropeDenmark16
EuropeFrance762
EuropeHungary2
EuropeRussia2,280
EuropeSweden336
North AmericaCanada111
North AmericaUnited States6,247

Tea Imports into Mongolia

In 2021, Mongolia imported tea valued at $5.67 million, ranking as the 100th largest tea importer globally. Tea stood as the 184th most imported product in Mongolia during the same year. Mongolia primarily sourced its tea imports from Russia, accounting for a significant share at $1.46 million. Other notable import sources included Sri Lanka at $1.2 million, China at $809k, Georgia at $501k, and the United Arab Emirates at $312k.

Expanding Import Markets

Mongolia experienced notable growth in tea imports between 2020 and 2021, indicating its willingness to explore a diverse range of tea flavors from around the world. The fastest-growing import markets for tea in Mongolia during this period were Russia, showcasing a substantial increase of $705k, followed by the United Arab Emirates at $251k, and Singapore at $148k. These figures underscore Mongolia’s efforts to diversify its tea offerings and provide its tea-loving population with a wider array of options.

Tariffs

In 2018, the average tariff for Mongolia on tea imports was 4.99%. While Mongolia maintains a relatively low average tariff, certain countries have higher import tariffs for tea, including Angola, Burundi, Benin, Burkina Faso, and Botswana, all imposing a Most Favoured Nation duty rate treatment of 5%. Despite these tariffs, Mongolia continues to navigate the tea trade landscape, seeking opportunities for growth and collaboration.

Where Does Mongolia Import Its Tea (2021)

ContinentCountryTrade Value
AfricaKenya19,174
AfricaSouth Africa783
AsiaUnited Arab Emirates311,817
AsiaBangladesh121
AsiaChina808,553
AsiaGeorgia501,263
AsiaIndonesia222,566
AsiaIndia21,969
AsiaIran118
AsiaJapan160,865
AsiaKazakhstan96,487
AsiaSouth Korea180,336
AsiaSri Lanka1,198,208
AsiaMalaysia26,969
AsiaSingapore148,302
AsiaThailand79,326
AsiaTurkey42,151
AsiaVietnam74
AsiaChinese Taipei8,815
EuropeAustria128
EuropeBelgium449
EuropeCzechia13,889
EuropeGermany91,595
EuropeSpain374
EuropeFrance21,569
EuropeUnited Kingdom37,024
EuropeItaly4,981
EuropeLithuania130
EuropeNetherlands14,864
EuropePoland137,377
EuropeRussia1,457,882
North AmericaCuba8,912
North AmericaDominica516
North AmericaUnited States49,968

Potential Of Tea Import and Export Between Vietnam-Mongolia

While the bilateral trade between Vietnam and Mongolia may not currently reach significant levels, it is worth noting that Mongolia’s tea imports in 2021 amounted to a total value of $7. Recognizing this, it becomes evident that Vietnam, as a global leader in tea production and export, has immense potential to collaborate with Mongolia in introducing Vietnamese tea to the Mongolian market in the foreseeable future.

Conclusion

Mongolia’s tea trade represents its journey in the global market as it combines its distinct cultural heritage with the flavors of tea. As a tea exporter, Mongolia finds its main markets in South Korea, the United States, Russia, Czechia, and France, catering to the diverse palates of tea enthusiasts worldwide. Meanwhile, as a tea importer, Mongolia sources its tea primarily from Russia, Sri Lanka, China, Georgia, and the United Arab Emirates, enriching its local market with a wide range of tea varieties. By embracing emerging markets and embracing the global tea culture, Mongolia is positioned to establish itself as a notable player in the international tea trade, captivating tea lovers with its distinctive brews and fostering cross-cultural exchanges.

Data: BACI

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