The southern province of Dong Nai saw a record fall in coffee exports as only 115,000 tonnes were shipped in the first ten months of 2013, a year-on-year decrease of 57 percent.
Coffee suffered the sharpest decease in exports among the province’s agricultural products during the period, said the provincial Department of Industry and Trade.
The department attributed the fall to declining coffee prices and outputs, increasing input costs and capital shortages.
In addition, Vietnam’s agricultural products are now facing numerous technical barriers from importers, which apply measures to protect their products.
Besides coffee, rubber exports also dropped 7 percent in volume and over 22 percent in value as a result of China’s falling demand.
In the ten-month period, Dong Nai’s total farm produce exports reached over 517 million USD, down 27 percent year-on-year.-VNA
Coffee suffered the sharpest decease in exports among the province’s agricultural products during the period, said the provincial Department of Industry and Trade.
The department attributed the fall to declining coffee prices and outputs, increasing input costs and capital shortages.
In addition, Vietnam’s agricultural products are now facing numerous technical barriers from importers, which apply measures to protect their products.
Besides coffee, rubber exports also dropped 7 percent in volume and over 22 percent in value as a result of China’s falling demand.
In the ten-month period, Dong Nai’s total farm produce exports reached over 517 million USD, down 27 percent year-on-year.-VNA
