Vietnamese coffee exports to South Korea increased, despite the complicated COVID-19 epidemic

(laodong.vn)_Despite the complicated COVID-19 epidemic, coffee exports to South Korea reached a turnover of 31.4 million USD, up 5.3% in value over the same period in 2020. According to the Ministry of Industry and Trade, Korea is a potential export market for Vietnam's coffee because the country's coffee consumption accounts for about 6% of the total coffee market in Asia - Pacific. According to the Korea Economic Institute, Korea's per capita coffee consumption is 2.3kg/person/year. Currently, despite the complicated development of the COVID-19 epidemic, Korea's coffee consumption continues to increase. In particular, the consumption trend of young Koreans has also changed, and the consumption of instant coffee among young people has increased due to the attraction of integration and globalization. Statistics from the Korea International Trade Association show that Korea's coffee imports in the first five months of 2021 reached 77.1 thousand tons, worth $344.6 million, up 12.5% ...