Vietnam’s coffee export outlook remains optimistic, projecting the full-year export value at 7 billion USD.

Since the two countries elevated their relationship to a strategic partnership in 2015, Malaysia’s exports to Vietnam have soared by around 160%.

Vietnam is ramping up efforts to expand market access for its agricultural, forestry, and fishery products through negotiations with potential partners, paving the way for a breakthrough in the country's agricultural products.

The Vietnam Coffee and Cocoa Association estimates that coffee exports could reach 2.8 billion US dollars in Q1 2025. If prices remain stable, annual exports may hit a record 8 billion US dollars.

Vietnam’s coffee exports exceeded the 5 billion-USD mark for the first time in the 2023-2024 crop year, that lasted from October 1, 2023 to September 30, 2024.

A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Vietnam Coffee-Cocoa Association (Vicofa).

Vietnam harvested 862,400 tonnes of coffee worth over 3 billion USD in the first half of this year, down more than 8% in volume, but up nearly 40% year-on-year.

Coffee exports are expected to reach an estimated 2.9 billion USD in the first five months of this year, representing a rise of 43.9% over the same period last year on rising prices despite a drop of 3.9% in volume to 833,000 tonnes, according to the Ministry of Agriculture and Rural Development.

The Ministry of Agriculture and Rural Development has set a target of Vietnam’s total coffee plantation area reaching 640,000 - 660,000 hectares by 2030, with exports expected to account for 80-85% of the country’s total production.

Vietnam’s coffee exports in 2023 are expected to break the record of 4 billion USD in export value set in the previous year.

Vietnam’s coffee exports in 2023 are expected to break the record of 4 billion USD in export value set in the previous year.

The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped overseas.

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.

Vietnam is likely to rake in 4 billion USD from exporting coffee this year.

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).

The UK-Vietnam Free Trade Agreement (UKVFTA) has had a clear impact on trade exchanges between Vietnam and the UK, particularly in the field of agriculture, since it officially took effect on May 1, 2021.

Vietnam is seeing a surge in the price of its coffee exported to the US and is expected to gain more opportunities in this market.

Vietnam shipped 889,000 tonnes of coffee overseas for more than 2 billion USD in the first five months of 2022, up 24.2 and 54 percent year on year, respectively.

The growth of the trade of agricultural exports in general and coffee in particular this year is brewing and set to increase as the UK economy recovers.

Vietnamese coffee firms are advised to capitalise on chances offered by free trade agreements (FTAs) to bolster shipments to Japan, as Vietnamese coffee is being favoured by local consumers amid an increasing demand for instant type, according to the Vietnam Trade Office in Japan.