Over US$ 1 billion earned from coffee exports
Tuesday, May 2,2017AsemconnectVietnam - In the first quarter of 2017, Vietnam’s exports of coffee decreased in quantity, but increased sharply in value was rising coffee price.
According to the preliminary statistics figures of the General Department of Customs, Vietnam exported 453,967 tons of coffee worth of over US$ 1 billion in the first quarter of this year, down by 5 per cent in quantity but up by 27 per cent in value over the same period of 2016.
Germany was leading the list of 33 biggest coffee export markets of Vietnam in the first quarter of this year with 80,163 tons worth of $ 174 million, equivalent in quantity compared with the same period last year but up by 35.4 per cent in value. The exports to the U.S reached 72,598 tons worth of $ 165 million, up by 15 per cent in quantity and 56 per cent in value; to Italy – 42,455 tons worth of $ 93.9 million, down by 3.4 per cent in quantity and up by 30 per cent in value; to Spain – 29,339 tons worth of $ 64 million, down by 7 per cent in quantity but up by 21 per cent in value; to Belgium – 28,622 tons worth of $ 62.3 million, up by 44.4 per cent in quantity and 80 per cent in value.
Vietnam’s coffee export markets in the first quarter of 2017 – source: the General Department of Customs
Market
|
First quarter of 2017
|
First quarter of 2017 vs. same period of 2016 (%)
|
||
Quantity (Ton)
|
Value (US$)
|
Quantity
|
Value
|
|
Total
|
453,967
|
1,029,087,496
|
-4.94
|
+26.95
|
Germany
|
80,163
|
174,073,645
|
0.00
|
+35.38
|
The U.S
|
72,598
|
165,135,102
|
+14.87
|
+56.40
|
Italy
|
42,455
|
93,854,022
|
-3.39
|
+30.06
|
Spain
|
29,339
|
64,229,493
|
-6.98
|
+20.70
|
Belgium
|
28,622
|
62,330,731
|
+44.42
|
+79.51
|
Japan
|
23,579
|
54,480,896
|
-1.69
|
+26.28
|
Algeria
|
16,026
|
34,880,162
|
+9.27
|
+51.50
|
Russia
|
11,204
|
28,400,231
|
-48.40
|
-24.30
|
The U.K
|
11,210
|
25,915,338
|
-19.84
|
+12.93
|
China
|
7,707
|
23,370,926
|
-48.67
|
-22.50
|
The Philippines
|
9,446
|
22,003,420
|
-49.54
|
-37.07
|
South Korea
|
9,994
|
21,323,092
|
+28.14
|
+59.31
|
France
|
9,168
|
19,683,527
|
-22.50
|
+4.84
|
Malaysia
|
7,041
|
16,048,553
|
-7.31
|
+22.04
|
India
|
7,697
|
16,017,055
|
-35.11
|
-12.39
|
Mexico
|
6,973
|
14,538,967
|
-33.96
|
-14.06
|
Poland
|
5,094
|
12,913,626
|
+21.20
|
+56.15
|
Australia
|
4,283
|
9,911,006
|
+9.76
|
+42.33
|
Indonesia
|
3,525
|
8,362,967
|
+1.56
|
+35.93
|
The Netherlands
|
3,377
|
8,337,883
|
+11.31
|
+63.20
|
Israel
|
1,844
|
7,027,264
|
-26.85
|
+4.14
|
Portugal
|
2,590
|
5,865,020
|
-34.92
|
-9.98
|
Thailand
|
1,685
|
5,415,629
|
+88.48
|
+98.85
|
Egypt
|
1,946
|
3,962,969
|
-58.31
|
-42.59
|
Canada
|
1,387
|
3,244,830
|
-16.85
|
+13.91
|
Rumania
|
1,073
|
3,178,049
|
-28.66
|
+9.55
|
Singapore
|
769
|
2,552,428
|
+50.78
|
+23.12
|
Greece
|
1,067
|
2,347,611
|
-45.14
|
-24.51
|
South Africa
|
608
|
1,276,120
|
-71.58
|
-61.66
|
Denmark
|
400
|
897,263
|
-36.20
|
-13.10
|
New Zealand
|
310
|
768,750
|
-25.66
|
+19.15
|
Cambodia
|
122
|
536,725
|
-6.15
|
+7.00
|
Switzerland
|
116
|
262,030
|
-93.29
|
-90.90
|
CK
Source: VITIC
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