Algeria’s coffee import tariff reductions benefit Vietnamese coffee businesses
VOV.VN - Algeria’s recent decision to slash coffee import duties following the recent promulgation of the Finance Law 2025 is expected to benefit Vietnamese coffee businesses, according to the Vietnam Trade Office in Algeria.
Under the new law, the Algerian government decided to cut coffee import tariffs from 30% to 5%, and eliminate its 19% value added tax rate and the 10% domestic consumption tax rate.
The new decision immediately made the total import tax and fee for Robusta green coffee beans fall from 63% previously to only 10% at present.
The tax rates that are in effect till the end of the year, are anticipated to open up a wealth of opportunities for Vietnamese coffee to increase its presence in Algeria where local consumer prefer coffee, said the Vietnam Trade Office.
At present, Vietnam, Brazil, Colombia, Indonesia, the Ivory Coast, Ethiopia, and Uganda are the main suppliers of coffee to Algeria.
Statistics compiled by Vietnam Customs indicate that the country exported 34,158 tonnes of green coffee beans to Algeria last year, grossing US$127.4 million.
Experts say, the outlook for Vietnamese coffee in the Algerian market is quite positive, as it is highly appreciated by importers and consumers for its overall quality and flavour.
Vietnamese coffee has a special flavour, creates high foam, and has better sugar absorption compared to those from other countries.