Viet Nam records higher coffee exports

THE Ministry of Agriculture and Rural Development (MARD) of Viet Nam said that coffee exports for the first five months of the year amounted to 966,000 tonnes, or about US$1.96 billion. Figures are up by 36.7% in volume and 29% in value as compared to the same period in 2013. In May this year, exports reached 154,000 tonnes worth $336 million.

The country’s major export markets are Germany and the United States, which account for 14.08% and 9.62% share respectively. These are followed by Belgium and France, which both increased imports in 2013. According to MARD, the country will produce about 1.75 million tonnes of coffee in 2014-2015.