Business

Vietnam’s coffee exports reach nearly 800 million USD in January

Processed coffee exports amounted to 17,067 tonnes, bringing in 104.6 million USD, accounting for 11% of total volume and 13% of total export value.

Farmers harvest coffee in the Central Highlands province of Dak Lak. (Photo: VNA)
Farmers harvest coffee in the Central Highlands province of Dak Lak. (Photo: VNA)

Hanoi (VNS/VNA) - Vietnam exported 154,635 tonnes of coffee in January 2025, earning 799.5 million USD, according to statistics from the Vietnam Coffee-Cocoa Association.

Of this total, green coffee exports reached 137,568 tonnes, generating 694.9 million USD, marking a 38.2% decline in volume, but an 8.8% increase in value compared to the same period last year.

Processed coffee exports amounted to 17,067 tonnes, bringing in 104.6 million USD, accounting for 11% of total volume and 13% of total export value.

In January, foreign direct investment (FDI) enterprises contributed 21.8% of Vietnam’s total green coffee export volume and 22.4% of total export value for this segment.

In 2024, domestic enterprises exported nearly 1.35 million tonnes of coffee, generating a record-breaking 5.62 billion USD in revenue.

The average export price of coffee reached an all-time high of 4,178 USD per tonne, with prices soaring to 5,855 USD per tonne in November 2024. Meanwhile, domestic raw coffee prices peaked at 131,000 VND (5.2 USD) per kilogramme, yielding a net profit of over 90,000 VND per kilogram for farmers, after deducting costs.

For 2025, the Ministry of Agriculture and Rural Development has set a coffee production target of 1.98 million tonnes, slightly higher than the previous year.

The US Department of Agriculture forecasts that global coffee consumption for the 2024–25 season will rise by 5.1 million bags to 168.1 million bags. Meanwhile, Vietnam’s coffee exports are projected to increase by 1.8 million bags, reaching 24.4 million bags, supported by improved supply conditions./.

VNA
#coffee #exports #Vietnam Coffee-Cocoa Association #FDI
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