Vietnam's coffee exports to New Zealand see triple-digit growth

Published 2023년 8월 23일

Tridge summary

Vietnam's coffee exports to New Zealand saw significant growth in July 2023, with a 44.8% increase in volume and a 48% increase in export value compared to the previous month. In the first seven months of 2023, Vietnam's coffee exports to New Zealand reached 1,200 tons, earning $3.2 million, marking a year-on-year increase of 106.5% in volume and 144.2% in value. New Zealand reduced coffee imports from Brazil and Colombia but increased imports from Vietnam, Honduras, and Papua New Guinea.

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Original content

According to data from the General Administration of Customs quoted by the Import and Export Bureau of the Ministry of Industry and Trade, in July 2023, Vietnam’s coffee exports to New Zealand reached 194 tons, with an export value of 583.71 million U.S. dollars, an increase of 44.8% and 48% month-on-month, respectively, and a year-on-year increase. 73.2% and 108.2%. the In the first seven months of 2023, Vietnam’s coffee exports to New Zealand will reach 1,200 tons, earning USD 3.2 million. Compared with the same period last year, the export volume and export value have increased by 106.5% and 144.2% respectively. the In July 2023, the average price of coffee exported from Vietnam to the New Zealand market reached US$3,009/ton, an increase of 2.2% month-on-month and 20.2% year-on-year. In the first seven months of 2023, the average price of coffee exported from Vietnam to the New Zealand market reached US$2,638/ton tons, an increase of 18.3% over the same period last year. ...

Source: Foodmate