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    Home > Food News > Food Articles > Vietnam's coffee exports rank second in the world Germany is the largest export market for Vietnamese coffee

    Vietnam's coffee exports rank second in the world Germany is the largest export market for Vietnamese coffee

    • Last Update: 2022-10-02
    • Source: Internet
    • Author: User
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    Coffee export coffee beans
     
    Coffee is one of six products with an average annual export value of more than $3 billion in
    Vietnam.
    The main export markets of Vietnamese coffee are Europe, the United States, Russia, Japan and the United Kingdom
    .
    In the European market, Vietnam became the second largest supplier of coffee to Brazil after Brazil, with a market share of 16.
    1%
    in terms of volume.
     
    According to statistics from the Vietnam Customs Administration, in August this year, Vietnam's coffee exports reached 112531 tons, earning 266 million US dollars, compared with 2021, exports fell by 4%, but exports increased by 13%.
     
    In the first eight months of this year, coffee exports and exports were 1.
    2 million tons and 2.
    8 billion US dollars, respectively, an increase of 11% and 40%
    year-on-year.
    The average export price of coffee is $
    2268 per tonne.
     
    Overall, Vietnamese coffee exports to various markets have maintained a good growth momentum
    .
    Many major markets maintained 2 to 3-digit growth
    .
     
    In the first 8 months, Germany was the largest export market for coffee in Vietnam, with exports of 341 million US dollars, accounting for 12% of total exports, an increase of 20.
    8%
    year-on-year.
    This is followed by Belgium and Italy
    .
    In particular, Vietnamese coffee exports to Mexico increased 58-fold year-on-year in the first eight months, with exports rising from 7 million to $41.
    4 million.
    Germany
     
    In terms of coffee types, Vietnam's Ministry of Industry and Trade said that in the first 7 months, Robusta had the largest export volume and export volume of coffee, with 1.
    01 million tons and 1.
    99 billion US dollars, respectively, an increase of 48.
    7% and 20.
    1%, accounting for 91% and 78%
    of Vietnam's coffee exports and exports.
    (End)
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