China reduces coffee imports from Vietnam

Published 2023년 12월 15일

Tridge summary

China's coffee imports in the first 10 months of 2023 increased by 10.7% in volume and 4.8% in value compared to the previous year. The market share of unroasted or decaffeinated coffee accounted for 89.34% of the total coffee imports into China. Brazil's coffee imports to China increased significantly, while Vietnam's imports decreased. Despite low per capita consumption, coffee sales in China have been rising, making it a potential market for coffee exporting countries in the future.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to congthuong.vn The Import-Export Department (Ministry of Industry and Trade) cited data from the China Customs Authority as saying that the country's coffee imports in the first 10 months of 2023 reached 113.54 thousand tons, worth 624.79 million USD, an increase 10.7% in volume and 4.8% increase in value compared to the same period last year. In May 10, 2023, China imported mainly coffee, unroasted or decaffeinated (HS 0901.1100), reaching 101.44 thousand tons, worth over 464 million USD, an increase of 14.6% in volume and an increase 12.3% in value compared to the same period last year. The market share of coffee types, unroasted or decaffeinated, accounts for 89.34% of the total amount of coffee imported into China in the first 10 months of 2023. In contrast, China reduced imports of roasted, decaffeinated coffee (HS 0901.2100), down 12.6% in volume and 10.9% in value over the same period last year, reaching 11.51 thousand. tons, worth approximately 153.2 million ...
Source: AgroInfo.vn

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