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Friday, June 14, 2024

Coffee gains highest export value from Jan-Sept

The Saigon Times

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HCMC – Coffee has outweighed other key items to top the list of agricultural items with the largest export value in the first nine months of the year.

According to the latest data from the General Department of Vietnam Customs, the nation exported 92,550 tons of coffee worth US$226 million in September, a decline of 17.8% and 15.1% in volume and value over the last month.

As of September, the exports of this sector had continued to grow impressively, with 1.34 million tons of coffee worth US$3.06 billion, a year-on-year rise of 13.1% in volume and 37% in value.

Coffee has surpassed many key items such as vegetables, rice and cashew nuts to reap the largest export value in the agricultural sector.

Germany is the largest buyer of Vietnam, with 170,336 tons of coffee worth US$363 million. Belgium came second with 103,024 tons worth US$219 million, followed by Italy with US$236.47 million from 110,631 tons.

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