Coffee exports in the first 2 months of 2023 decreased in Vietnam

Published 2023년 3월 28일

Tridge summary

In February 2023, Vietnam experienced a significant surge in coffee exports, with over a 40% increase in both volume and value compared to the previous month. Despite this, the average price per ton fell slightly by 0.2%. The first two months of 2023 saw a decrease in coffee export volumes and values by 7.7% and 9.5%, respectively, compared to the same period in 2022. The German, Italian, and US markets were the primary recipients of these exports, with notable increases in turnover compared to the early months of 2022.

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 February 2023, Vietnam's coffee exports increased sharply by over 40% in both volume and value compared to January 2023, but the price decreased slightly by 0.2%. , reaching 200,056 tons, equivalent to USD 434.91 million, the average price of USD 2,173.9/ton. Generally for the first two months of 2023, coffee exports decreased by 7.7% in volume, 9.5% in turnover and 1.9% in price compared to the first two months of 2022, reaching 342,352 tons, equivalent to 342,352 tons. equivalent to 745.29 million USD, the average price is 2,177 USD/ton. Vietnam's coffee exports the most to the German market in the first two months of 2023, accounting for 14% of the total volume and 12.7% of the country's total coffee export turnover, reaching 47,791 tons, equivalent to $94.91 million, priced at $1,986/ton, up 1.3% in volume, but down 9.1% in turnover and 10.3% in price compared to the first two months of 2022; in ...

Source: Vinanet