Coffee Export Reaches 145,000 Tonnes in March

The Ministry of Agriculture and Rural Development said Vietnam shipped 145,000 tonnes of coffee worth US$290 million in March, bringing the total volume to 504,000 tonnes and value to US$1 billion.

 

The figures represented a growth of 46.1 percent in volume and more than 100 percent in value from the same period of 2010. Coffee price climbed to all-time high of VND47,000 per kilo in the first quarter, a good sign for coffee growers. The average exporting price of coffee was US$1,993 per metric tonne in the first two months of the year, up 40.9 percent year on year.

 

Main importers of Vietnamese coffee were the United States, Germany, Belgium, Italy, Spain and Japan. The United States remained the largest importer of Vietnamese coffee. Shipments continued to increase in the quarter: The United States seeing a 92.2 percent rise, Belgium seeing a 4.3 time rise and Italy witnessing a treble increase.