Coffee exports down 23% in quantity

The volume of coffee exports decreased nearly 23% since the beginning of 2017, dragging down overall revenue from overseas shipments of the products.

coffee exports down 23% in quantity hinh 0

Statistics showed that Vietnam exported 1.17 million tonnes of coffee for US$2.69 billion in the first 10 months of this year, with the US and Germany being the top markets.

Coffee prices have soared by 28.5%, but the local sector has yet to seize the opportunity.

The Ministry of Agriculture and Rural Development recommended coffee-planted localities to invest in high-capacity processing and stocking models and not to deliberately expand plantations.

VNA

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