Coffee exports set to account for 80-85% of total production by 2030
The Ministry of Agriculture and Rural Development has set a target of Vietnam’s total coffee plantation area reaching 640,000 - 660,000 hectares by 2030, with exports expected to account for 80-85% of the country’s total production.
Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning 623 million USD, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.
The first month of 2024 has seen coffee exports showing a robust performance, surging to a trade value of 621 million USD, marking a 99.6 % increase compared to the same period in 2023, according to data from the Ministry of Industry and Trade (MoIT).