Business

Dak Lak records highest-ever coffee export volume

The Central Highlands province of Dak Lak – Vietnam’s capital of coffee – pocketed 798 million USD in coffee exports in 2022, accounting for 53.2% of the locality’s total export turnover.
Dak Lak records highest-ever coffee export volume ảnh 1Coffee growing in Dak Lak (Phôt: VNA)
Dak Lak (VNA) – The Central Highlands province of Dak Lak –Vietnam’s capital of coffee – pocketed 798 million USD in coffee exports in2022, accounting for 53.2% of the locality’s total export turnover.

This year, the province shipped abroad 380,000 tonnes ofcoffee bean out of its 550,000 tonnes harvested, the highest ever export volume.

The average export price of local coffee in the 2021-2022 crop reached 2,037 USD per tonne, 363 USD higher than that of the previous crop.

Deputy Director of the provincial Department of Industry andTrade Huynh Ngoc Duong said that Vietnam's participation in new-generation freetrade agreements has created more opportunities for the province's coffeeproduction, business and export activities.

In particular, after the European Union-Vietnam Free TradeAgreement (EVFTA) was signed, the EU relaxed the control over processed coffee.Therefore, local enterprises have focused on processing and producing instant coffeeto increase the output of processed coffee exports.

To increase export volume and turnover, in 2023, the local industry and trade sector will continue updating other countries’ regulationsrelated to import-export activities and their demand, improving productquality, stepping up digital transformation, and seeking more markets, Duongadded./.
VNA
#Central Highlands #Dak Lak #coffee #export turnover #Vietnam News Agency #Vietnam #Vietnamplus Dak Lak
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