Vietnam exported 882,000 tonnes of coffee worth US$2.02 billion during the opening five months of the year, representing a decline of 2.2% in volume but an increase of 0.2% in value year on year, according to the Ministry of Industry and Trade (MoIT).

May alone saw the country ship abroad 165,000 tonnes of coffee worth US$396 million, up 15.7% in volume and 21.8% in value compare to May 2022.

Furthermore, May witnessed the average export price of Vietnamese coffee stand at an estimated US$2,399 per tonne, falling by 1.6% compared to April, but rising by 5.3% against May 2022.

The average export price of Vietnamese coffee during the five-month period was US$2,295 per tonne, marking an increase of 2.4% against the same period last year.

Most notably, the export of Robusta and Arabica coffee in the January - April period fell compared to same period last year, although the export of Excelsa and processed coffee enjoyed positive growth.

Statistics compiled by the General Department of Vietnam Customs indicate that Robusta coffee export in April reached 145,000 tonnes worth US$312.67 million, up 5.3% in volume and 16% in value year on year.

The first four months this year saw businesses export 674,740 tonnes of Robusta coffee valued at US$1.29 billion, a decline of 2.9% in volume and 2% in value from last year.

The export of Robusta coffee to a number of markets, including Spain, Japan, Belgium, the UK, and the Netherlands experienced a downward trend, but to Germany, Italy, the United States, and Russia saw an upward trend.

VOV