VOV.VN - Coffee is one of the agricultural products with the highest export price during the past 5 months of this year, at US$3,482 /ton, up 49.9% over the same period from last year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnamese coffee exports to the Spanish market reached approximately 55,380 tonnes in the first four months of this year, worth US$193.1 million, an increase of 53.7% in volume and 136.6% in value compared to the same period last year.

The Ministry of Agriculture and Rural Development said that Vietnam’s coffee output in the 2023–2024 crop year is estimated to decrease by 20% compared to the previous crop year, to 1.47 million tonnes, the lowest in four years, putting pressure on Robusta supply in the world market.

A number of Israeli importers have participated in exhibitions in Vietnam to seek contracts with local suppliers, according to the Federation of Israeli Chambers of Commerce (FICC).

Vietnam International Café Show 2024 - a coffee, food, and beverage exhibition, and the first Vietnam International Tea Show opened in Ho Chi Minh City on May 9, attracting more than 500 domestic and international exhibitors.

After reaching all-time high of over VND130,000 (US$5.1) per kg, domestic coffee prices have dropped sharply in recent days.

VOV.VN - With Vietnamese coffee accounting for only 2.2% of the market share in Singapore, there are sanguine prospects ahead for the product to further make inroads into the demanding market moving forward, according to the Vietnam Trade Office in Singapore.

VOV.VN - Vietnam exported 585,696 tonnes of coffee worth US$1.9 billion during the first quarter of the year, recording the highest level since 2013, according to the General Department of Vietnam Customs.

The prices of Vietnamese coffee and pepper are forecast to continue increasing due to limited supply while the export of these products has also enjoyed relative growth, according to insiders.

Maintaining last year's growth momentum, the exports of many Vietnamese agricultural products posted strong performance in the first months of this year.