AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area increased by 300 VND to VND66,600 – VND67,300 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND67,300/kg, while traders in Lam Dong province offered the lowest price of VND66,600. Robusta coffee rose to VND66,600 in Bao Loc, Di Linh, and Lam Ha; to VND67,200 – VND67,300 per kg in Dak Lak; to VND67,200 – VND67,300 in Dak Nong; to VND67,200 per kg in Kon Tum, and to VND67,100 – VND67,200 per kg in Gia Lai.
Vietnam’s coffee exports in 2023 are expected to break the record of 4 billion USD in export value set in the previous year.
In the first 11 months of 2023, Vietnam's coffee exports reached nearly 1.4 million tons, worth more than 3.5 billion USD, down 13% in volume and 2.5% in value over the same period last year. Notably, the average export price of Vietnamese coffee in November 2023 reached 3,148 USD/tonne, up nearly 33% over the same period last year.
At present, the EU is Vietnam’s biggest coffee importer, followed by the US and Japan. Although coffee exports to China do not account for a high proportion, many Vietnamese businesses are paying much attention to this market which has an average increase of more than 25% per year in imports.
Vietnam entered the new 2023-2024 coffee crop which began in October, when the export price reached a record high, at 3,603 USD per tonne, up 9% month-on-month, and 40% year-on-year.
With over 710,000 hectares, Vietnam ranks sixth in the world in terms of coffee farming area, but has the second biggest output thanks to high yields.
However, out of the total area, only 185,000 hectares have received sustainable production certificates of different kinds.
Experts advised localities to expand such kind of area to meet strict requirement of international markets.
Following are domestic Robusta coffee prices on December 18, in Vietnam's Central Highlands:

T.Huong
Source: Vitic/Kinhtedothi