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    Home > Food News > Food Articles > Vietnam's coffee export volume and price have both declined, and coffee exports will continue to "fluctuate" due to the impact of the new crown epidemic

    Vietnam's coffee export volume and price have both declined, and coffee exports will continue to "fluctuate" due to the impact of the new crown epidemic

    • Last Update: 2021-09-11
    • Source: Internet
    • Author: User
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    Vietnam's " Customs Online" reported on August 25 that the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam stated that in the first half of August this year, the complex development of the new crown epidemic in southern Vietnam's provinces affected Vietnamese coffee exports
    .
    Coffee exports fell 16.
    7% month-on-month, and exports fell 12.
    7% month-on-month; exports fell 9.
    9% year-on-year to 47,140,000 tons, with an export value of 92.
    89 million US dollars, which was equivalent to the same period last year
    .
     
    From the beginning of the year to August 15, Vietnam exported 1.
    01 million tons of coffee, with an export value of US$1.
    87 billion, a year-on-year decrease of 8.
    2% and 0.
    1% respectively
    .
    It is expected that for some time to come, Vietnam’s coffee exports will still be negatively affected by the fourth wave of COVID-19
    .
     
      In terms of export prices , the Import and Export Bureau stated that in the first seven months of this year, the average export price of Vietnamese coffee reached US$1,846/ton, an increase of 8.
    6% year-on-year
    .
    Vietnam’s average coffee price has risen in almost all major export markets
    .
     
      In the first seven months of this year, coffee exports to some key markets declined, but exports to China increased significantly year-on-year
    .
     
      In mid-August this year, coffee prices on the world market rose again
    .
    Information about dry weather and transportation difficulties in southern Brazil has led to a reduction in inventories in many major consumer markets, which has had an impact on rising prices in the global coffee market
    .
    Customs Import and Export Epidemic Coffee Export
     
      From the beginning of the year to August 15, Vietnam exported 1.
    01 million tons of coffee, with an export value of US$1.
    87 billion, a year-on-year decrease of 8.
    2% and 0.
    1% respectively
    .
    It is expected that for some time to come, Vietnam’s coffee exports will still be negatively affected by the fourth wave of COVID-19
    .
     
      In terms of export prices , the Import and Export Bureau stated that in the first seven months of this year, the average export price of Vietnamese coffee reached US$1,846/ton, an increase of 8.
    6% year-on-year
    .
    Vietnam’s average coffee price has risen in almost all major export markets
    .
    price
     
      In the first seven months of this year, coffee exports to some key markets declined, but exports to China increased significantly year-on-year
    .
     
      In mid-August this year, coffee prices on the world market rose again
    .
    Information about dry weather and transportation difficulties in southern Brazil has led to a reduction in inventories in many major consumer markets, which has had an impact on rising prices in the global coffee market
    .
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