Hedgepoint: Vietnam coffee exports surge as Indonesia outperforms 23/24 season

Coffee exports in Southeast Asia have been rebounding in recent months. “In Vietnam, shipments followed seasonality and grew between the end of 2024 and the beginning of 2025, with an accumulated 11.44M bags of the harvest between October/24 and February/25, but they are still below the 13.24M bags of the previous harvest, due to lower production and reduced stocks”, says Laleska Moda, Market Intelligence analyst at Hedgepoint Global Markets. In Indonesia, exports exceed the historical average, driven by the recovery of the 24/25 harvest and attractive prices. Accumulated shipments for the season between April/24 and January/25 total 6.49 million bags, above the 5.41 million bags exported in the same period of 23/24. Total shipments are expected to grow by 15% for 24/25, reaching 7.9 million bags. “Our first estimate for the 25/26 Indonesia harvest is 11.6M bags, an increase of 3.7% compared to the 24/25 season,” says Laleska. However, high prices could reduce consumption and ...