On-the-Ground Updates

Vietnam's Coffee Exports Surge in Volume by 14.8% YoY and by 21.2% YoY in Value During Jan-24

Raw Common Coffee Bean
Market & Price Trends
Anh Ho
Published Feb 23, 2024
In Jan-24, Vietnam's coffee exports totaled 238.2 thousand tons, generating USD 726.6 million in revenue. This marked a 14.8% YoY increase in volume and a 21.2% YoY increase in turnover.

For the first four months of the 2023/24 crop year (Oct-23 to Jan-24), Vietnam exported 564.6 thousand tons of coffee (equivalent to 9.4 million 60kg bags), marking a 20.6% YoY increase.

The average export price of coffee in Jan-24 reached USD 3,050 per ton, an increase of 5.6% MoM and a 39.6% YoY increase.
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