Coffee Export Volumes Jump, Value Falls in Q1

From vietnamnews.vn

Việt Nam exported 520,000 tonnes of coffee worth US$1 billion in the first quarter of the year, an increase of 15.1 per cent in volume but a decrease of 1.7 per cent in value compared to the same period last year, according to the Ministry of Agriculture and Rural Development.

Germany, the US, Indonesia, Italy and Japan were among the country’s key export markets. Germany accounted for more than 14 per cent of exports though its purchases fell by 18 per cent year-on-year.

Reviewing the exports, Đỗ Hà Nam, deputy chairman of the Việt Nam Coffee and Cocoa Association, described the situation as “good.”

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