AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 800 VND to VND50,000 – 50,400 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND50,400/kg, while traders in Lam Dong province offered the lowest price of VND50,000 /kg. Robusta coffee rose to VND50,000 per kg in Bao Loc, Di Linh, and Lam Ha; to VND50,300- 50,400 per kg in Dak Lak; to VND50,200-50,300 per kg in Dak Nong; to VND50,300 per kg in Kon Tum, and to VND50,200-50,300 per kg in Gia Lai.
The EU-Vietnam Free Trade Agreement (EVFTA) has zeroed out import tariffs on many Vietnamese coffee product lines since taking effect in August 2020, creating favorable conditions for Vietnam's coffee industry to expand EU market share.
The EVFTA, which revoked the EU’s 7.5-11.5 percent on Vietnamese coffee, is expected to help Vietnam regain its position and market share as it enters the third year of implementation with more extensive tariff commitments. In addition to tariff advantages, Vietnam's coffee exports to the EU are also supported by other factors such as improved coffee quality and reduced supply chain congestion.
The decline in global coffee supply from some of Vietnam’s traditional competitors, especially from Brazil, Colombia and Peru, also opens up opportunities for Vietnamese coffee exporters to regain EU market share.
Coffee accounts for 1.08 percent of Vietnam’s total export value and about 18 percent of the country’s produce export value.
Vietnam has exported coffee products to more than 80 countries and territories, including the EU, the US, Russia, Japan, and the UK, becoming the world’s second biggest coffee exporter with a market share of 14.2 percent.
According to the General Department of Vietnam Customs, Vietnam exported 1.78 million tonnes of coffee worth more than US$4.06 billion in 2022 (up 13.8 percent in volume and 32 percent in value from 2021), the highest revenue over the past decade.
The EU has become the biggest importer of Vietnamese coffee, representing about 39 percent of the country’s coffee export volume. Specifically, Vietnam's coffee exports to this market reached 689,049 tonnes worth almost US$1.5 billion in 2022, up 25.8 percent in volume and 45.4 percent in value compared to 2021. Major EU importers of Vietnamese coffee include Germany, Italy, Belgium, and Spain.
Following are domestic Robusta coffee prices on April 12, in Vietnam's Central Highlands: