Tea is the most popular beverage in the world after water. So tea imports play an important role when it comes to international trade. Below figures and details are based on an article published in http://www.worldstopexports.com/

In 2017, global purchases of imported tea totaled US$7.349 billion. Overall, the imported tea value for all buying nations reduced by an average -0.5% since 2013 when tea purchases equaled at $7.31 billion. Year over year, the value of tea imports increased by 6.8% from 2016 to 2017.

From a continental perspective, Asian nations accounted for the highest dollar worth of tea imported during the year 2017 with purchases valued at $3.1 billion (42.3% of the global total).

European countries are at the second place with 30.3% while 14.7% of worldwide tea imports were delivered to customers in African continent. North America’s imported tea amounted to an 8.8% share. Smaller percentages were bought by customers in Oceania (1.9%) and South America minus Mexico plus the Caribbean (1.2%).

The 4-digit Harmonized Tariff System code prefix for tea is 0902 (The HS Code).

Below are the 15 countries that imported the highest dollar value worth of tea during 2017:

Pakistan: US$549.6 million (7.5% of globally imported tea)
Russia: $525 million (7.2%)
United States: $486.8 million (6.7%)
United Kingdom: $404 million (5.5%)
Iran: $283.8 million (3.9%)
Egypt: $273.8 million (3.7%)
Saudi Arabia: $263.2 million (3.6%)
United Arab Emirates: $238.8 million (3.3%)
Germany: $225.2 million (3.1%)
Morocco: $219.8 million (3%)
Japan: $177.3 million (2.4%)
France: $168.4 million (2.3%)
Canada: $149.6 million (2%)
China: $149.4 million (2%)
Netherlands: $147.7 million (2%)

By value, the listed 15 countries purchased 58.3% of all tea imports in 2017.

Among the above nations, the fastest-growing markets for tea since 2013 were: China (up 98.5%), Pakistan (up 72.6%), Morocco (up 15.8%) and Saudi Arabia (up 13.3%).

Those countries that posted reductions in their imported tea purchases were led by: United Arab Emirates (down -65.7%), Russia (down -20.1%), Canada (down -14.4%) and Iran (down -13.7%).

View More Tea News and Articles: http://www.teawithnipun.com/

References

1.Original Post: http://www.worldstopexports.com/tea-imports-by-country/

2.Picture source: https://picclick.com/PAUL-CARDEW-TERRESTRIAL-GLOBE-Old-World-Map-Teapot-283297138618.html