Coffee exports resurgence
January 5, 2022
Coffee exports have been recovered since the end of last year. Photo: TL.
According to the Agency of Foreign Trade (Ministry of Industry and Trade), after recording monthly reductions beginning in February 2021, Vietnam's coffee exports resumed normalcy in November 2021.
According to the General Department of Customs, Vietnam's coffee exports in November 2021 totaled 107.5 thousand tons, valued at USD 241.46 million, an increase of 8.3 percent in volume and 11.1 percent in value inter monthly, and a year-on-year increase of 28.3 percent in volume and 49.9 percent in value.
Vietnam exported around 1.4 million tons of coffee for USD 2.7 billion in the first 11 months of 2021, down 2.3 percent in volume but up 8.3 percent in value over the same period in 2020.
Vietnam's coffee exports to Germany, Japan, Russia, and China climbed in the first 11 months of 2021, but shipments to the United States, Italy, Spain, Belgium, Algeria, and the Philippines fell.
According to the Agency of Foreign Trade, coffee exports are likely to continue their recovery trend in 2022, owing to growing worldwide consumer demand.
Translated by Linh Linh
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