Vietnam’s coffee exports rake in $1 billion in Q1Vietnam exported up to 520,000 tonnes of coffee worth 1 billion USD in the first quarter of 2018, an increase of 15.1 percent in volume but a decrease of 1.7 percent in value compared to the same period last year. According to the Ministry of Agriculture and Rural Development (MARD), Germany, the US, Indonesia, Italy and Japan were among the country’s key export markets. Germany accounted for more than 14 percent of exports though its purchases fell by 18 percent year-on-year. In the last quarter of 2017, 400,000 tonnes of coffee had been exported, meaning only another 600,000 tonnes have to be exported to meet the target. The country’s coffee industry has carried out a restructuring programme to improve its competitiveness by improving productivity, quality and value.

Source: VietNamNet News April 04, 2018 04:52 UTC