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1 billion, an increase of 37.
6% over the same period last year, according to statistics from Vietnam's Ministry of Agriculture and Rural Development, reported on November 3, 2022.
The average export price of coffee reached $2,280/ton, up 22%
from last year.
The EU continues to be Vietnam's largest coffee export market
.
In the first eight months of this year, Vietnam exported 490,700 tons of coffee to the EU, accounting for 39% of its total coffee exports, totaling US$1.
1 billion, an increase of 54%
over the same period last year.
In addition to the European Union, Vietnam's coffee exports to other markets have also grown considerably, including coffee exports to Russia by 17.
3%, the United Kingdom by 57.
9%, India by 116%, and Mexico by 52 times
.
.
In the first eight months of this year, Vietnam exported 490,700 tons of coffee to the EU, accounting for 39% of its total coffee exports, totaling US$1.
1 billion, an increase of 54%
over the same period last year.
In addition to the European Union, Vietnam's coffee exports to other markets have also grown considerably, including coffee exports to Russia by 17.
3%, the United Kingdom by 57.
9%, India by 116%, and Mexico by 52 times
.
In the context of the shortage of coffee supply in the global market, Vietnam's coffee harvest is approaching and production is expected to increase, and if the market opportunities are grasped, the annual coffee export value is expected to exceed 4 billion US dollars
.
.
