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    Home > Food News > Food Articles > Experts predict: Vietnamese coffee exports to South Korea will usher in a round of growth opportunities

    Experts predict: Vietnamese coffee exports to South Korea will usher in a round of growth opportunities

    • Last Update: 2021-09-28
    • Source: Internet
    • Author: User
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    (People's Daily) According to the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam , in 2020 and the first few months of 2021, affected by the new crown pneumonia epidemic , the consumption of coffee consumed by Koreans at home has increased, so the country's demand for coffee imports has grown strongly
    .
     
    Experts predict that South Korean coffee import demand is expected to continue its upward trend and Vietnamese coffee exports to South Korea will usher in a round of growth opportunities
    .
     
    According to statistics from the Bureau of Import and Export, the market share of Vietnamese coffee in Korea’s total imports rose from 20.
    35% in the first six months of 2020 to 20.
    56% in the first six months of 2021
    .
     
    In the first six months of 2021, South Korea's coffee imports were 94,800 tons, and the import value was US$432 million, an increase of 11.
    7% and 30.
    3% respectively year-on-year
    .
     
    In the first six months of 2021, South Korea increased its coffee imports from most major supply markets
    .
    Statistics show that in the first six months of 2021, South Korea imported about 19,500 tons of coffee from Vietnam, with an import value of about 30.
    82 million U.
    S.
    dollars, an increase of 12.
    8% and 5.
    2% respectively year-on-year
    .

     
      According to a representative of the Import and Export Bureau, coffee is widely used in Korean offices, restaurants and homes
    .
    South Korea’s coffee consumption accounts for about 6% of the total coffee market in the Asia-Pacific region, and it is one of the world’s major coffee consumer markets
    .
    (over)

    Import and Export Epidemic Coffee Import
     
      Experts predict that South Korean coffee import demand is expected to continue its upward trend and Vietnamese coffee exports to South Korea will usher in a round of growth opportunities
    .
    Export
     
      According to statistics from the Bureau of Import and Export, the market share of Vietnamese coffee in Korea’s total imports rose from 20.
    35% in the first six months of 2020 to 20.
    56% in the first six months of 2021
    .
     
      In the first six months of 2021, South Korea's coffee imports were 94,800 tons, and the import value was US$432 million, an increase of 11.
    7% and 30.
    3% respectively year-on-year
    .
     
      In the first six months of 2021, South Korea increased its coffee imports from most major supply markets
    .
    Statistics show that in the first six months of 2021, South Korea imported about 19,500 tons of coffee from Vietnam, with an import value of about 30.
    82 million U.
    S.
    dollars, an increase of 12.
    8% and 5.
    2% respectively year-on-year
    .

     
      According to a representative of the Import and Export Bureau, coffee is widely used in Korean offices, restaurants and homes
    .
    South Korea’s coffee consumption accounts for about 6% of the total coffee market in the Asia-Pacific region, and it is one of the world’s major coffee consumer markets
    .
    (over)
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