Sunday 26 May 2024
  • Triesteexpresso

Coffee exports from Vietnam seen 19 percent down on year in January

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TME - Cialdy Evo

MILAN – Coffee exports from Vietnam may fall as much as 19.1% on year to 175,000 tonnes (2.917 million 60 kg bags) in January, according to a report from the country’s General Statistics Office.

Export earnings are seen 27.2% down to US$305 million, says the same source.

La Cimbali

Coffee growers in Vietnam, the world’s largest robusta producer, have sold about 40 percent of their new harvest to traders, traders said. The 2018/19 harvest ended early this month.

Traders had earlier forecasted Vietnam’s output at 30 million bags. This figure was later revised down to 27 million bags.


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