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    Home > Food News > Food Articles > Vietnam's coffee export price increased by VND 10 million per ton

    Vietnam's coffee export price increased by VND 10 million per ton

    • Last Update: 2022-11-14
    • Source: Internet
    • Author: User
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    According to Viet Cong Electronic News, since the beginning of the year, Vietnam's coffee export prices have shown a significant increase compared with the same period last year
    .
     
    According to the latest statistics from the General Administration of Customs, from the beginning of the year to October 15, the country exported nearly 1.
    4 million tons of coffee, with an export value of 3.
    16 billion US dollars, an increase of 12% and 35.
    43%
    year-on-year, respectively.
     
    With the increase in export value higher than production, the average export price of this main product rose
    year-on-year.
    Specifically, since the beginning of the year, the export price of coffee has averaged 2,291 US dollars / ton, an increase of 21% year-on-year, which is equivalent to an increase of 400 US dollars / ton
    .
     
    Germany is Vietnam's largest coffee exporter
    .
    According to the General Administration of Customs of Vietnam, in the first nine months of this year, Vietnam's coffee exports to this market were 170,336 tons, accounting for nearly 13% of Vietnam's total coffee exports; The export value was $363.
    11 million, accounting for 12%.

     
    The three major export markets for Vietnam's coffee exports of more than 100,000 tons are all in Europe
    .
    Other major markets are Japan, the United States, Russia, Spain, the Philippines and China
    .
    (End)
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