AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell by 1,300 VND to 126,000–126,700VND per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND126,700/kg, while traders in Lam Dong province offered the lowest price of VND126,000. Robusta coffee decreased to 126,000VND per kg in Bao Loc, Di Linh, Lam Ha; to 126,400-126,500VND per kg in Dak Lak; to 126,600-126,700VND per kg in Dak Nong; to 126,500VND per kg in Kon Tum, and to 126,400-126,500VND per kg in Gia Lai.
Germany has overtaken Italy to become the biggest buyer of Vietnam's coffee in both volume and value by spending over US$380 million on more than 112,000 metric tonnes from the Southeast Asian country in the first half of this year, according to the Vietnam Coffee and Cocoa Association (VICOFA).
In January-June, Vietnam exported coffee to more than 80 countries, earning US$3.1 billion. Germany accounted for the highest, at $383 million, followed by Italy with $276 million and Japan with $238 million.
Besides the top three, other key markets for Vietnamese coffee exports in the period were Spain, Russia, the U.S., Indonesia, the Philippines, the Netherlands, and China.
“Vietnam is the world’s largest producer of Robusta coffee and ranks second globally in export output, following Brazil,” Nguyen Nam Hai, president of the VICOFA, told Tuoi Tre (Youth) newspaper on Wednesday.
Vietnamese coffee is increasingly known and recognized all over the world, Hai added.
According to data from the General Department of Vietnam Customs, Vietnamese exporters shipped out nearly 893,000 metric tonnes of coffee in the first half of this year, earning $3.1 billion.
Although this quantity was 13 percent lower than in 2023, the European country still topped the list of Vietnamese coffee imports in terms of volume, followed by Italy with 86,588 metric tons and Spain with 64,301 metric tons.
Explaining why Germany has replaced Italy as the largest importer of Vietnamese coffee, Hai told Tuoi Tre that Germany is home to coffee corporations that are among the world’s largest and many of them buy the bean from Vietnam.
Italy also has many large corporations like Lavazza Group, which is the world’s seventh-largest coffee roaster, but the network of coffee groups in Germany has developed fast and wide over the past few years, leading to an increase in Vietnamese coffee imports, Hai explained.
Regarding prices, Hungary was the market importing Vietnamese coffee with the highest average price at $6,800 per metric ton.
It was followed by Israel at $6,099 per tonne, Poland at $5,586 per tonne, Laos at $5,314 per tonne, Singapore at $4,909 per tonne, Myanmar at $4,856 per tonne, Romania at $4,230 per tonne, New Zealand at $4,189 per tonne, the Philippines at $4,107 per tonne, according to the General Department of Vietnam Customs.
Following are domestic Robusta coffee prices on July 24, in Vietnam's Central Highlands:

T.Huong
Source: Vitic