AsemconnectVietnam - On Friday, robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area, remained unchanged at 119,000–119,800 VND per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND119,800/kg, while traders in Lam Dong province offered the lowest price of VND119,000/kg. Robusta coffee stayed at 119,000VND per kg in Bao Loc, Di Linh, Lam Ha; at 119,600-119,700 VND per kg in Dak Lak; at 119,700-119,800 VND per kg in Dak Nong; at 119,600VND per kg in Kon Tum, and at 119,500-119,700VND per kg in Gia Lai.
In the first seven months of 2024, Vietnam exported 964,000 tonnes of coffee, a decrease of nearly 14% compared to the same period last year. However, the country’s coffee export turnover has increased by 31%, reaching $3,54 billion. Thanks to high coffee prices earlier in the year.
Despite a drop in export volumes, the country has seen significant growth in export turnover. Highlighting the complex dynamics at play in the global coffee industry.
In Vietnam, the coffee industry is a crucial agricultural sector, especially for the production and export of Robusta coffee. With favorable climate and soil conditions, Vietnam has become the world's second-largest coffee producer. Vietnam exports large volumes of Green Coffee Beans, primarily to major coffee-consuming countries such as the United States, Germany, and Italy.
In 2024, the estimated coffee cultivation area in Vietnam is 600,000 hectares. Due to climate change and extreme weather, global coffee-producing regions face reduced yields, leading to higher coffee prices. Despite these challenges, Vietnam's annual coffee production remains around 1.3 million tons. In 2024, international demand for Vietnamese Green Coffee Beans surged, with total export revenues surpassing US$ 2.4 billion from January to May.
Fom 2021 to 2024, the primary destinations for Vietnam's green coffee bean exports included Switzerland, Singapore, and the Netherlands. Major companies importing these products from Vietnam include Bero Coffee Singapore, Louis Dreyfus Company Suisee and Sucafina. Numerous international distributors have subsidiaries in Vietnam and play an important role in exporting coffee beans. Leading green coffee bean exporters in Vietnam include Intimex Group, Vinh Hiep and Simexco Daklak Ltd.
With the increasing global population and changing dietary habits, more countries are gradually embracing coffee beverages. Vietnam's production and export of Green Coffee Beans are becoming increasingly significant in international trade. By continuously optimizing cultivation and processing technologies to enhance product quality, Vietnam has further solidified its competitive edge in the international market. In the coming years, the export of Vietnamese Green Coffee Beans is expected to continue its growth trend.
Following are domestic Robusta coffee prices on August 23, in Vietnam's Central Highlands:

T.Huong

Source: Vitic