Coffee exports to Netherlands enjoy three-digit growth
Vietnam exported 7,420 tonnes of coffee worth 18.77 million USD to the Netherlands in the first two months of the year, up 93.1% in volume and 105.7% in value year on year, according to the General Department of Vietnam Customs.
Hanoi (VNA) - Vietnam exported 7,420 tonnes of coffee worth 18.77 millionUSD to the Netherlands in the first two months of the year, up 93.1% in volumeand 105.7% in value year on year, according to the General Department ofVietnam Customs.
Theaverage export price of Vietnamese coffee to the market also rose by 5.7% to 2,517USD per tonne from one year ago.
In Februaryalone, the country shipped 4,100 tonnes of coffee for 10.11 million USD to theNetherlands, up 110.3% in volume and 136.6% in value compared to February 2022.
Lastyear, the major suppliers of coffee to the Netherlands were mainly from theintra-EU market, including Belgium, Germany, France, Finland, and Italy.Meanwhile, Dutch coffee imports from non-EU markets also enjoyed double-digitgrowth, with Vietnam becoming the second largest foreign supplier.
Expertshave advised Vietnamese enterprises to boost coffee exports to the Netherlandswhich is considered the gateway into the European market.
Theyalso recommended that Vietnamese firms study consumer demand, logisticsservices, and distribution systems to further penetrate the Dutch and European markets./.
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).
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.
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