VOV.VN - Vietnam’s coffee exports during the five months of the year declined by 3% to US$1.3 billion, despite recording an increase of 7.6% in price compared to the same period last year, according to figures released by the General Department of Vietnam Customs.

Vietnam exported 428,000 tonnes of coffee worth US$771 million in the first quarter of 2021, down 17% in volume and 11.3% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam gained US$2.7 billion from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10% of the world’s coffee value and 18% of the market share, according to the Ministry of Agriculture and Rural Development (MARD).

VOV.VN - Vietnam raked in US$2.32 billion from exporting 1.34 million tonnes of coffee during the past ten months of the year, down 1.3% in volume and 0.6% in value, according to figures released by the Ministry of Industry and Trade.

VOV.VN - With the tariffs being slashed to 0% under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnamese coffee exports to the Scandinavian market, including Sweden, Denmark, and Norway, are expected to enjoy a number of competitive advantages compared to those of rival exporters.

VOV.VN - Vietnam shipped its first batch of coffee to a number of European countries on September 16 following the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA), which will see coffee exports enjoy a preferential tariff of 0%.