Business

Coffee exports down 23 percent in quantity

The volume of coffee exports decreased nearly 23 percent since the beginning of 2017, dragging down overall revenue from overseas shipments of the products.
Coffee exports down 23 percent in quantity ảnh 1A farmer works at a coffee plantation in the Central Highlands province of Kon Tum (Photo: VNA)

Hanoi (VNA) – The volume of coffee exports decreased nearly 23 percentsince the beginning of 2017, dragging down overall revenue from overseasshipments of the products.

Statisticsshowed that Vietnam exported 1.17 million tonnes of coffee for 2.69 billion USDin the first 10 months of this year, with the US and Germany being the topmarkets.

Coffeeprices have soared by 28.5 percent, but the local sector has yet to seize theopportunity.

TheMinistry of Agriculture and Rural Development recommended coffee-plantedlocalities to invest in high-capacity processing and stocking models and not todeliberately expand plantations.-VNA
VNA
#Vietnam coffee exports#Vietnamese coffee#Vietnam coffee industry#Vietnamese coffee to US#Vietnamese coffee to Germany#Vietnam News Agency#vietnamplus
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