Wednesday, April 24,2024 - 1:23 GMT+7  Việt Nam EngLish 

Exports of coffee reached US$ 1.7 billion in five months 

 Tuesday, July 3,2018

AsemconnectVietnam - Vietnam exported 877,804 tons of coffee worth of US$ 1.7 billion in the first five months of this year, increased by 23.8 per cent in quantity and 5.7 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.

In May, the country exported 149,773 tons of coffee worth of $ 294.1 million, down by 3.8 per cent in quantity and 1.2 per cent in value compared with the previous month. The figure was up by 22.6 per cent in quantity and 7.2 per cent in value over the same month of 2017.

The average coffee export price in the first five months of this year was at $ 1,932.5 per ton, down by 14.6 per cent year – on – year.

Germany was the country’s biggest coffee export market of Vietnam in the first five months of this year with 114,545 tons worth of $ 208.72 million, down by 7.8 per cent in quantity and 22.6 per cent in value over the same period last year.

It was followed by the U.S with 89,764 tons worth of $ 174.35 million, down by 14 per cent in quantity and 26.7 per cent in value compared with the same period last year; and then Italy – 63,701 tons worth of $ 118.61 million, up by 2.4 per cent in quantity and down by 13.2 per cent in value.

In the first five months of this year, Vietnam’s exports of coffee to Indonesia rocketed by 997 per cent in quantity and 771 per cent in value to 52,408 tons worth of $ 101.57 million; to South Africa – up by 275.7 per cent in quantity and 219.9 per cent in value to 4,884 tons worth of $ 8.88 million; to Greece – up by 157.7 per cent in quantity and 114.4 per cent in value to 5,401 tons worth of $ 9.97 million; to Russia – up by 108.8 per cent in quantity and 76.8 per cent in value to 39,807 tons worth of $ 84.26 million; to Denmark – up by 98.8 per cent in quantity and 72 per cent in value to 1,171 tons worth of $ 2.21 million.

However, the exports of coffee to Singapore fell sharply by 52.4 per cent in quantity and 59.3 per cent in value to 562 tons worth of $ 1,64 million; and the exports to the U.S, Belgium, Germany and Canada decreased sharply by 26.7 per cent; 25.2 per cent; 22.6 per cent and 20.6 per cent, respectively year – on – year.

Vietnam’s exports of coffee in the first 5 months of 2018 -
source: VITIC – according to the figures of the General Department of Customs
Market
First 5 months of 2018
First 5 months of 2018 vs. same period of 2017 (%)
Quantity
Value (US$)
Quantity
Value
Total
877,804
1,696,341,988
23.84
5.71
Germany
114,545
208,720,054
-7.81
-22.55
The U.S
89,764
174,350,346
-14.12
-26.71
Italy
63,701
118,605,563
2.42
-13.24
Indonesia
52,408
101,569,395
997.09
771.09
Spain
54,873
101,258,862
16.91
-1.95
Japan
50,413
100,942,648
23.02
5.76
Russia
39,807
84,255,524
108.75
76.82
The Philippines
33,952
64,684,404
78.25
54.07
Algeria
34,705
64,383,317
29.56
10.84
Belgium
32,762
59,178,107
-10.39
-25.18
India
25,665
44,918,743
91.79
65.15
China
17,426
43,879,516
21.27
2.88
Britain
22,187
41,322,701
32.06
5.92
France
18,548
33,708,248
23.36
5.91
Malaysia
15,810
31,669,177
48.33
29.23
Thailand
16,315
31,644,110
95.11
54.64
South Korea
14,593
31,149,837
-15.69
-15.95
Mexico
17,530
30,198,152
31.45
9.84
Australia
9,244
18,003,487
60.96
33.82
Poland
6,803
17,026,195
3.2
0.11
Portugal
7,656
14,113,520
45.16
20.59
The Netherlands
5,499
11,321,587
-3
-17.8
Egypt
6,340
11,245,807
78.74
54.75
Greece
5,401
9,996,374
157.68
114.44
Israel
3,312
9,348,516
12.96
-10.48
South Africa
4,884
8,878,697
275.69
219.92
Romania
1,498
4,999,806
-17.24
-2.9
Canada
2,384
4,763,342
-6.62
-20.63
Denmark
1,171
2,213,912
98.81
71.99
New Zealand
975
1,869,998
55.25
26.49
Singapore
562
1,639,537
-52.37
-59.31
Cambodia
240
1,149,638
50
68.42
Switzerland
223
446,817
13.78
1.65
CK
Source: VITIC

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