The Import and Export Department (Ministry of Industry and Trade) quoted statistics from the General Department of Customs as saying that in July 2023, Vietnam's coffee exports reached 108.87 thousand tons, worth US$307.86 million, down 22.6% in volume and down 18.4% in value compared to June 2023; compared with July 2022, down 7.6% in volume, but up 14.1% in value.

Export of coffee

In general, in the first 7 months of 2023, Vietnam's coffee exports reached approximately 1.12 million tons, worth $2.7 billion, down 3.4% in volume, but up 3.7% in value compared to the previous year. with the same period last year.

In July 2023, the average export price of Vietnam's coffee recorded a record high of US$2,828/ton, an increase of 5.4% compared to June 2023 and an increase of 23.4% compared to July 2022.

In the first 7 months of 2023, the average export price of our country's coffee reached 2,418 USD/ton, up 7.3% over the same period last year.

Evolution of the average export price of Vietnam's coffee over the months in the period 2021 - 2023 (Unit: USD/ton)

In July 2023 compared to July 2022, coffee exports to some traditional markets decreased, including Germany, the United States, Russia, and Belgium. In contrast, coffee exports to the markets of Italy and the Netherlands grew up to triple digits.

Generally, in the first 7 months of 2023, coffee exports to Germany, Spain, and Belgium decreased, but exports to Italy, the United States, Japan, Russia, Algeria, the Netherlands, and Mexico increased over the same period last year. last year.

10 major coffee export markets of Vietnam in July and the first 7 months of 2023