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62 billion
in the first 11 months of 2022.
This is the highest coffee export value in the last 10 years
.
In November 2022, Vietnam exported 128403 tons of coffee with an export value of US$304 million, an increase of 60% in export volume and 47%
in price compared to October 2022.
in price compared to October 2022.
As of the first 11 months of 2022, Vietnam has exported a cumulative 1.
57 million tons of coffee, with an export value of US$3.
62 billion, with export volume and price increasing by 13% and 34%
respectively.
57 million tons of coffee, with an export value of US$3.
62 billion, with export volume and price increasing by 13% and 34%
respectively.
In terms of prices, data from the Ministry of Industry and Trade showed that in November 2022, the average export price of Vietnamese coffee reached US$2,371/mt, down 8.
5%
month-on-month.
In the first 11 months of 2022, the average price of Vietnamese coffee exports reached US$2,297/ton, down 3.
1%
from the same period in 2021.
5%
month-on-month.
In the first 11 months of 2022, the average price of Vietnamese coffee exports reached US$2,297/ton, down 3.
1%
from the same period in 2021.
In terms of market, in the first 11 months of 2022, Germany was Vietnam's largest coffee export market with an export value of US$412 million, followed by Italy with US$275 million and the United States with US$262 million
.
.
Coffee exports in the past 11 months were the highest in
nearly a decade, Vice Minister of Agriculture and Rural Development Feng Duc Kim said at the Vietnam International Coffee Industry Conference 2022 in mid-December.
It is estimated that by the end of 2022, Vietnam's coffee exports will reach 39 billion to 40 billion US dollars
.
(End)
nearly a decade, Vice Minister of Agriculture and Rural Development Feng Duc Kim said at the Vietnam International Coffee Industry Conference 2022 in mid-December.
It is estimated that by the end of 2022, Vietnam's coffee exports will reach 39 billion to 40 billion US dollars
.
(End)
