Understanding Tea

Slovakia’s Tea Trade: Exploring Exports and Imports

Slovakia, a country nestled in the heart of Europe, participates in the global tea trade. In 2021, Slovakia exported tea worth $661k, positioning itself as the 87th largest tea exporter worldwide. While tea ranked as the 873rd most exported product in Slovakia that year, its significance in the country’s trade landscape should not be overlooked.

Tea Imports Exports

Tea Exports from Slovakia

Slovakia primarily exports tea to neighboring countries such as Czechia, Austria, Hungary, Germany, and Poland. Among these, Czechia stands out as the leading destination with imports valued at $311k from Slovakia, followed by Austria with $79.9k, Hungary with $71.7k, Germany with $56.2k, and Poland with $22.5k.

Notably, between 2020 and 2021, Slovakia experienced significant growth in tea exports to Austria, Germany, and Hungary. Austria witnessed an impressive increase of $51.8k, followed by Germany with $27.6k and Hungary with $25.5k.

ContinentCountryTrade Value
AfricaSouth Africa7
AsiaUnited Arab Emirates637
AsiaCyprus19
AsiaIndonesia69
AsiaKuwait1,315
AsiaSingapore135
EuropeAustria79,912
EuropeBelgium413
EuropeBulgaria10,980
EuropeBosnia and Herzegovina69
EuropeSwitzerland1,871
EuropeCzechia310,747
EuropeGermany56,200
EuropeDenmark58
EuropeEstonia501
EuropeFinland330
EuropeFrance5,389
EuropeUnited Kingdom8,294
EuropeGreece7,743
EuropeCroatia10,059
EuropeHungary71,742
EuropeIreland235
EuropeItaly13,342
EuropeLithuania4
EuropeLatvia211
EuropeMoldova18,578
EuropeMalta261
EuropeNetherlands5,726
EuropeNorway6,074
EuropePoland22,466
EuropeRomania21,828
EuropeSlovenia2,396
EuropeSweden217
EuropeUkraine2,253
North AmericaCanada396
North AmericaUnited States862
Table: Where Does Slovakia Export Its Tea (2021)

Tea Imports in Slovakia

In 2021, Slovakia imported tea valued at $6.2 million, establishing itself as the 98th largest tea importer globally. While tea ranked as the 686th most imported product in Slovakia that year, its significance in the country’s trade landscape should not be underestimated. Slovakia primarily sources its tea imports from Czechia, Poland, Germany, China, and Hungary. Among these, Czechia accounted for the highest tea imports, totaling $2.53 million, followed by Poland with $1.03 million, Germany with $930k, China with $411k, and Hungary with $234k.

Between 2020 and 2021, the fastest-growing import markets for tea in Slovakia were Czechia, experiencing a substantial increase of $701k, followed by China with $185k and Poland with $177k.

ContinentCountryTrade Value
AfricaEgypt136
AfricaEthiopia9
AfricaKenya25
AfricaMorocco2,526
AfricaMauritius1,847
AfricaMalawi47
AfricaRwanda60
AfricaSouth Africa503
AsiaUnited Arab Emirates30,574
AsiaAzerbaijan214
AsiaChina410,698
AsiaCyprus30
AsiaGeorgia556
AsiaHong Kong13
AsiaIndonesia218,510
AsiaIndia37,484
AsiaIsrael16,136
AsiaJapan102,909
AsiaSouth Korea2,787
AsiaSri Lanka39,715
AsiaNepal15,685
AsiaSaudi Arabia10,313
AsiaSingapore2,270
AsiaThailand12,585
AsiaTurkey12,812
AsiaVietnam1,454
AsiaChinese Taipei16,598
EuropeAustria129,852
EuropeBelgium5,852
EuropeBulgaria3,793
EuropeBosnia and Herzegovina1
EuropeCzechia2,531,755
EuropeGermany929,992
EuropeDenmark226
EuropeSpain34,494
EuropeEstonia717
EuropeFinland16
EuropeFrance43,956
EuropeUnited Kingdom107,651
EuropeGreece41
EuropeCroatia1,107
EuropeHungary233,964
EuropeIreland81
EuropeItaly53,100
EuropeLuxembourg499
EuropeLatvia114
EuropeMalta34
EuropeNetherlands104,526
EuropePoland1,025,331
EuropePortugal56
EuropeRomania78
EuropeRussia122
EuropeSlovenia598
EuropeSweden192
North AmericaCanada2
North AmericaMexico9
North AmericaUnited States2,007
OceaniaAustralia75
OceaniaNew Zealand5
South AmericaArgentina37,185
South AmericaBrazil42
South AmericaChile12,174
South AmericaColombia44
South AmericaParaguay17
Table: Where Does Slovakia Import Its Tea (2021)

Potential Of Tea Import and Export Between Vietnam-Slovakia

While the bilateral trade between Vietnam and Slovakia may not currently reach significant levels, it is worth noting that Slovakia’s tea imports in 2021 amounted to a total value of $1,454. Recognizing this, it becomes evident that Vietnam, as a global leader in tea production and export, has immense potential to collaborate with Slovakia in introducing Vietnamese tea to the Slovakia market in the foreseeable future.

Tariffs on Tea Trade

In 2019, Slovakia applied an average tariff rate of 0.3% on tea imports. However, 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 subject to the Most Favored Nation duty rate treatment of 0.8%.

Conclusion

Slovakia’s tea trade demonstrates the country’s active participation in the global market, with both tea exports and imports contributing to its trade dynamics. While Slovakia’s tea exports are relatively modest, the nation has witnessed growth in key markets such as Czechia, Austria, and Germany. On the other hand, Slovakia’s significant tea imports, totaling $6.2 million, cater to domestic consumption, with Czechia, Poland, and Germany being the primary sources. Understanding tariff rates is crucial for tea traders, as Slovakia applies a low average tariff rate, while some countries impose higher tariffs on tea imports. As Slovakia continues to engage in the global tea trade, it will be interesting to observe how the industry evolves and contributes to the country’s trade dynamics in the coming years.

Data: BACI

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