Friday, February 28,2020 - 23:4 GMT+7  Việt Nam EngLish 

Coffee exports decreased 22.4 per cent in 11 months 

 Wednesday, January 15,2020

AsemconnectVietnam - In the first 11 months of 2019, Vietnam’s coffee exports dropped by 22.4 per cent, reaching 2.53 billion USD.

According to preliminary statistics figures of the General Department of Customs, in November of 2019, the country exported 112,891 tons of coffee, earning 196.25 million USD, up by 29 per cent in volume and up by 24.6 per cent in turnover over with the preceding month; as compared to the same month last year, it decreased by 18.3 per cent in volume and 23.8 per cent in turnover.

Generally, in the first 11 months of 2019, coffee exports decreased by 14.9 per cent in volume over the same period last year, reaching 1.47 million tons and the value reduced by 22.4 per cent, reaching 2.53 billion USD.
The ccoffee export price in November of 2019 decreased by 3.5 per cent compared to October of 2019 and by 6.7 per cent compared to the same month of 2018, reaching an average of 1,738.4 USD per ton. In the first 11 months of 2019, the export price also decreased by 8.9 per cent over the same period last year, reaching 1,724.1 USD per ton.

Germany market consumed the most coffee of Vietnam. In the first 11 months of this year, the country’s exports of coffee to Germany reached 209,697 tons, equivalent to 325.76 million USD, down by 10.4 per cent in volume and the turnover was down by 21.6 per cent compared to in the same period last year. The US was the second largest market of Vietnam's coffee with the consumption of 131,721 tons, equivalent to 220.19 million USD, down by 20.1 per cent in volume and 28.9 per cent in turnover.

Vietnam’s exports of coffee in the first 11 months of 2019 – source: the General Department of Customs
Market
First 11 months of 2019
Vs. same period of 2018 (%)
Percentage (%)
Volume (ton)
Value (USD)
Volume
Value
Volume
Value
Total
1,465,731
2,527,067,897
-14.87
-22.4
100
100
Germany
209,697
325,762,978
-10.41
-21.57
14.31
12.89
The U.S
131,721
220,193,943
-20.13
-28.88
8.99
8.71
Italy
129,720
206,594,210
1.05
-11.15
8.85
8.18
Spain
117,970
188,488,046
7.02
-5.33
8.05
7.46
The Philippines
69,681
161,429,575
-9.98
9.43
4.75
6.39
Russia
77,756
150,109,957
-5.84
-12.27
5.3
5.94
Japan
86,253
147,725,767
-12.35
-23.71
5.88
5.85
Belgium
65,960
103,803,524
-2.25
-12.15
4.5
4.11
Algeria
57,866
92,024,575
-16.99
-26.4
3.95
3.64
China
36,890
89,501,954
-7.67
-8.92
2.52
3.54
Britain
45,820
73,053,630
-7.82
-17.39
3.13
2.89
Thailand
38,339
64,002,287
-35.39
-40.96
2.62
2.53
South Korea
31,728
59,968,405
7.73
-3.55
2.16
2.37
Malaysia
34,906
56,762,509
2.6
-12.25
2.38
2.25
India
35,279
54,476,463
-34.38
-39.16
2.41
2.16
France
29,599
44,895,319
-15.61
-26.62
2.02
1.78
Indonesia
20,427
36,262,026
-66.43
-69.92
1.39
1.43
Australia
17,300
31,228,160
-9.34
-15.55
1.18
1.24
Poland
12,057
26,927,898
-9.07
-15.88
0.82
1.07
Portugal
14,052
22,611,935
-10.46
-19.55
0.96
0.89
Greece
11,835
18,337,227
-6.09
-16.8
0.81
0.73
The Netherlands
9,440
16,432,480
-5.48
-19.89
0.64
0.65
Israel
6,607
16,234,544
-16.56
-19.31
0.45
0.64
Egypt
8,602
13,713,549
-28.83
-34.32
0.59
0.54
Ukraine
5,668
11,614,474
 
 
0.39
0.46
Mexico
7,075
10,576,263
-77.99
-80.38
0.48
0.42
Canada
5,499
9,982,430
13.95
4.83
0.38
0.4
Laos
1,790
8,242,537
 
 
0.12
0.33
Chile
3,367
6,337,450
 
 
0.23
0.25
Hungary
1,121
6,153,687
 
 
0.08
0.24
Romania
2,949
6,029,568
-29.08
-47.93
0.2
0.24
Myanmar
1,204
4,731,668
 
 
0.08
0.19
South Africa
3,080
4,366,773
-65.26
-71.39
0.21
0.17
Finland
1,907
3,996,139
 
 
0.13
0.16
Singapore
775
2,749,896
-37.2
-19.7
0.05
0.11
New Zealand
1,044
2,020,233
-53.5
-51.56
0.07
0.08
Cambodia
601
1,945,871
57.74
-18.64
0.04
0.08
Denmark
1,031
1,522,475
-54.46
-62.56
0.07
0.06
CK
Source: VITIC

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