Coffee exports enjoy double-digit growth in February
Vietnam exported 180,000 tonnes of coffee worth 393 million USD in February, representing a rise of 28.7% in volume and 22% in value on-year, according to figures given by the General Department of Vietnam Customs.
Hanoi (VNA) - Vietnam exported 180,000 tonnes of coffee worth 393million USD in February, representing a rise of 28.7% in volume and 22% invalue on-year, according to figures given by the General Department of VietnamCustoms.
The country shipped 323,000 tonnes of coffee worth 703 million USD during thetwo-month period, marking a fall of 13.1% in volume and 14.6% in value on-year,Radio the Voice of Vietnam (VOV) cited the General Department of VietnamCustoms data.
Most notably, exports of Robusta and processed coffee in January fell comparedto January, 2022, while Arabica coffee exports enjoyed growth.
Statistics compiled by the General Department of Vietnam Customs indicate thatRobusta coffee exports in January reached 128,560 tonnes worth 239.5 millionUSD, down 27.4% in volume and 28.3% in value on-year.
Exports of Robusta coffee to a number of markets such as Italy, Ecuador, India,and Indonesia in January experienced an upward trend compared to the previousmonth and against the same period from last year.
Meanwhile, exports of Arabica coffee in January reached 7,210 tonnes, valued atover 27 million USD, up 16.1% in volume and 4.3% in value year on year.
In particular, exports of Arabica coffee to markets such as Belgium, Germany,Italy, Ireland, and Spain enjoyed strong growth, while exports to theNetherlands, the United States, Canada, Japan, and Indonesia endured a downwardtrajectory./.
Since the start of this year, coffee shipments to Europe, the US and Japan have enjoyed remarkable increases. In the first half of 2022, Vietnam exported nearly 1 million tonne of coffee, raking in more than 2.3 billion USD, up over 23% in volume and nearly 50% in value against the same period of 2021.
The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade Agency under the Ministry of Industry and Trade (MoIT).
There is ample room for growth for Vietnamese coffee exports as Spain’s coffee segment is expected to grow by 6.84% in 2022-2025 period, according to the Vietnamese Trade Office in Spain (VTOS).
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Illustrative photo (Source: VNA) 
