Vietnam’s coffee exports have topped 3 billion USD so far this year. According to data from the General Department of Customs (GSO), Vietnam’s coffee exports reached 862,400 tonnes by the first half of this month, declining by more than 8% in volume but up 38% in value compared to the same period last year. This is also a record high compared to the same period in previous years. Regarding price, Vietnam’s average coffee export price reached 4,275 USD per tonne in May, up 14% compared to April and up 66% year-on-year. The country’s average coffee export price reached 3,475 USD per tonne in the first five months of the year, up 41% year-on-year.
Source: Vietnam News Agency