#Vietnamese coffee

Vietnam shipped a total of 210,370 tonnes of coffee worth US$482.43 million abroad in March, with exports to Indonesia, Russia, and Algeria witnessing a triple-digit growth, according to figures released by the General Department of Vietnam Customs.

PSNews - According to Eurostat - The Statistical office of the European Union, Vietnam was the largest supplier of coffee to Spain in 2022, shipping 112,550 tonnes worth US$287 million, up 21.6% in volume and 78.9% in value year on year. 

Vietnam's coffee has been shipped to more than 80 countries and territories, making the country the second biggest exporter in the world, with a market share of 14.2%.

There are bright prospects ahead for Vietnamese coffee exports to the Nordic market, particularly as tariffs on coffee beans have been slashed to 0% under the provisions of the EU-Vietnam Free Trade Agreement (EVFTA), according to the Vietnamese Trade Office in Sweden.

Germany, the United States, and Italy continued to make up the three largest consumers of Vietnamese coffee during the first eight months of the year, with market shares making up 13.2%, 9.1%, and 8% respectively, according to figures released by the General Department of Vietnam Customs.

Vietnam’s coffee sector needs to have strategies to improve material quality and step up intensive processing to increase export value and incomes for farmers as well as develop Vietnamese coffee brand, said experts at the Vietnam Coffee Week in HCM City on December 4.

PSNews - The Buon Ma Thuot street carnival, part of the cultural activities to celebrate the 7th Buon Ma Thuot Coffee Festival, kicked off on March 9th. 

The 7th annual Buon Ma Thuot coffee festival will be held between March 9-16, 2019 in the Central Highland province of Dak Lak with a broad array of activities on offer such as an opening ceremony, a closing ceremony and the 2019 Dak Lak investment promotion conference.

Vietnam was the leading supplier of coffee to Russia in the first half of this year with import volume increasing by 59.3%.

While gaining success in other markets, many foreign coffee brands have had to leave the Vietnamese market.

The Central Highlands region has long been an attractive destination for foreign visitors by virtue of its beautiful landscapes and the distinct cultures of the local communities.

Competition is brewing among local and international coffee players.

Coffee exports to South Africa skyrocketed by 92.62% to US$15.1 million in the first nine months of this year, according to the General Department of Vietnam Customs.