VOV.VN - The recent continuous rising coffee prices have helped local coffee exports to achieve the target of US$1 billion in the first two months of the year, representing an increase of 50% against the same period from last year, according to figures given by the General Department of Vietnam Customs.
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning US$623 million, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.
Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.
Vietnam shipped 1.61 million tonnes of coffee abroad in 2023, earning US$4.18 billion, down 9.6% in volume but up 3.1% in value year-on-year.
VOV.VN - Vietnamese coffee exports in the 2023 to 2024 crop year are anticipated to reach between US$4.5 billion and US$5 billion thanks to rising coffee export prices in the global market, according to industry insiders.
VOV.VN - Vietnam has been placed second among the top five suppliers of coffee to the Italian market, with its coffee exports witnessing a rise in both volume and value during the initial nine months of the year, according to the Ministry of Industry and Trade (MoIT).
While Vietnam's coffee industry was on track for another record export year, driven by rising prices due to supply shortages, experts said it's time for the industry to focus on quality to increase added value and export sustainably.
Vietnamese and Algerian businesses gained an insight into the African country’s market and bilateral economic and trade ties at a webinar on October 19.
VOV.VN - Vietnam's coffee exports this year are forecast to remain positive and are likely to reach turnover of US$4 billion.
VOV.VN - Vietnam’s Robusta coffee exports to the Japanese market during the initial eight months of the year witnessed a double-digit growth rate compared to the same period from last year, according to statistics from the General Department of Vietnam Customs.