Vietnam Leads the World in Coffee Exports
Russian ITAR-TASS News Agency on August 14 announced that Vietnam has become the world’s largest coffee exporter. This is the first time Vietnam surpassed Brazil to gain the title.
This information is extracted from the International Coffee Organisation’s announcement.
Since 1997, Vietnam was among the world’s top four coffee exporters, together with Brazil, Colombia and Mexico. Now, after 15 years, the country has reached the world’s top position.
In the first six months this year, Vietnam’s coffee export value reached USD2.5 billion, a year-on-year increase of 25 percent. This figure was also 13 percent higher than that of Brazil which for decades has led the world in coffee exports.
Vietnam’s Arabica coffee is now favoured in many countries in the world, such as the US, Japan, Germany and Belgium. Vietnam only exported 24,000 tonnes of Arabica coffee in 2009, but the country shipped 50,000 tonnes of coffee overseas in 2011.
Together with petroleum, rice and natural rubber, coffee is among Vietnam’s major export commodities.
CPV
Vietnamese
