Vietnam: Coffee exports to markets in January 2023 reached 310.44 million USD

Published 2023년 2월 27일

Tridge summary

Vietnam's coffee exports in January 2023 saw a significant decrease of over 27.7% in volume and 27% in turnover compared to the previous month, but the price increased by 1%. Compared to January 2022, there was a 12.7% decrease in volume, 16.2% decrease in turnover, and a 4% decrease in price. The German market was the largest consumer, followed by Italy, while exports to the Belgian market saw a sharp decrease. Overall, coffee exports to most markets experienced a decrease in both volume and value compared to the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary statistics of the General Department of Customs, in January 2023, Vietnam's coffee exports decreased by over 27.7% in volume and 27% in turnover compared to December 2022, but the price increased by 1%. , reaching 142,544 tons, equivalent to 310.44 million USD, the average price of 2,178 USD/ton; compared with January 2022, down over 12.7% in volume, 16.2% in turnover and 4% in price. Vietnam's coffee exports the most to the German market in January 2023, accounting for 15.1% of the total volume and accounting for 13.6% of the country's total coffee export turnover, reaching 21,487 tons, equivalent equivalent to 42.34 million USD, priced at 1,970.6 USD/ton, down 32% in volume, down 30.9% in turnover but up 1.7% in price compared to December 2022; down 28.6% in volume, down 34.6% in turnover and down 8.4% compared to January 2022. Coffee exports to Italy ranked second in the market, up 30.5% in volume, up 27% in turnover, but down 2.6% in price over the ...

Source: Vinanet