Hanoi (VNA) – Vietnam's coffee has been shipped tomore than 80 countries and territories, making the country the second biggest exporter in the world, with a marketshare of 14.2%.
Vietnam exported 112,531 tonnes of coffee worth 266 million USD inAugust, down 4% in volume but up 13% in value, reported the General Departmentof Vietnam Customs.
On an eight-month calculation, Vietnam brought home 2.8 billion USD fromexporting 1.2 million tonnes of coffee, up 40% in value and 11% in volume year-on-year,respectively.
Coffee is one of the six key currency earners with an annual revenue ofover 3 billion USD. Its major markets are Europe, the US, Russia, Japan and theUK. In Europe, Vietnam is the second biggest coffee supplier with a marketshare of 16.1%, behind Brazil with 22.2%.
At present, Vietnam is home to 97 coffee bean processingplants with an annual capacity of 1.5 million tonnes, 160 coffee roasting, 8instant coffee and 11 coffee blending facilities./.
Japan’s coffee imports from Vietnam increase
Vietnamese coffee firms are advised to capitalise on chances offered by free trade agreements (FTAs) to bolster shipments to Japan, as Vietnamese coffee is being favoured by local consumers amid an increasing demand for instant type, according to the Vietnam Trade Office in Japan.