HANOI, Vietnam — Vietnam’s coffee exports are seen down almost 20% during the first two months of calendar year 2019. According to the country’s General Statistics Office, coffee shipments from the world’s largest producer and exporter of the Robusta variety during the months of January and February were down 19.6% compared to the same period last year to 284,000 tonnes or 4.73 million bags.
Export earnings are seen down 26.9% to $500, the Hanoi-based Gso also said in the report.
Coffee trading in Vietnam remained muted last week, as Vietnamese farmers were in no hurry to sell their coffee beans.
The trade in Indonesia was also subdued as next harvest period is still a few months away.