AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area remained unchanged at VND50,500 – 51,000 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND51,000/kg, while traders in Lam Dong province offered the lowest price of VND50,500/kg. Robusta coffee stayed at VND50,500 per kg in Bao Loc, Di Linh, and Lam Ha; at VND50,900- 51,000 per kg in Dak Lak; at VND50,800-50,900 per kg in Dak Nong; at VND50,900 per kg in Kon Tum, and at VND50,800-50,900 per kg in Gia Lai.
The General Department of Customs of Vietnam reported that coffee exports in the first half of April 2023 reached 81,348 tonnes (equivalent to 1,355 million bags), bringing coffee exports in the first three months of the year to a total of 634,023 tonnes, down 4.32% over the same period last year.
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.
According to the International Trade Center (ITC), the EU accounted for 47-49 percent of the total value of global coffee imports in the 2017-2021 period with an average annual growth rate of 3.7 percent and annual turnover reaching US$15.7 billion. Vietnam ranks second in coffee exports to the EU after Brazil, but its market share in the EU in recent years declined from 9.7 percent in 2017 to only 6.2 percent in 2021.
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.
Following are domestic Robusta coffee prices on April 24, in Vietnam's Central Highlands:

 
T.Huong
Source: Vitic/Kinhtedothi