Vietnam’s coffee exports fell by 28.66 percent in September over August from US$402.2 million to US$286.9 million. Vietnam’s coffee exports for the year now stand at US$4.3 billion which is an increase of 37.8 percent over the same period last year. That said, Vietnam has seen a decline in the volume of coffee exports of 11.7 percent year-on-year.
Spain led as the largest importer in September with 5,786 tons, valued at US$34.19 million, showing moderate growth in both tons (5.95 percent) and value (11.77 percent). Italy and China also remained key markets, though Italy saw a major decline in volume (-46.2 percent) and value (-38.11 percent).
Also of note, Russia and Poland saw significant increases in coffee imports, with Russia importing 75.2 percent more in volume and 74.79 percent more in value, while Poland had a 51.04 percent rise in volume and a 52.28 percent increase in value. In contrast, the USA, Japan, and Thailand experienced sharp declines, with more than 50 percent reductions in both volume and value.
See also: Vietnam’s Coffee Industry in 2024: Overview
Vietnam coffee exports, September 2024 by value
| September | MoM Change | Year to date | ||||
| Destination | Tons | US$ | Tons | US$ | Tons | US$ |
| Total | 51,369 | 286,936,878 | -32.60% | -28.66% | 1,106,746 | 4,311,722,644 |
| Spain | 5,786 | 34,194,185 | 5.95% | 11.77% | 83,236 | 339,311,422 |
| Italy | 4,307 | 22,123,604 | -46.20% | -38.11% | 103,392 | 353,453,616 |
| China | 4,261 | 20,433,035 | -3.99% | -13.13% | 41,142 | 174,186,310 |
| Japan | 3,478 | 20,411,440 | -51.34% | -49.27% | 79,642 | 330,779,393 |
| Philippines | 3,202 | 18,907,814 | -23.85% | -27.42% | 45,813 | 214,962,404 |
| Russia | 2,826 | 16,005,531 | 75.20% | 74.79% | 57,809 | 235,512,313 |
| UK | 2,294 | 13,769,922 | 13.56% | 22.39% | 22,816 | 100,907,113 |
| USA | 2,100 | 10,928,464 | -51.64% | -45.73% | 64,251 | 234,491,683 |
| Thailand | 1,839 | 9,922,113 | -51.67% | -51.78% | 33,875 | 137,806,560 |
| Poland | 1,018 | 8,955,545 | 51.04% | 52.28% | 9,119 | 57,688,026 |
| Other | 20,258 | 111,285,225 | -41.29% | -37.86% | 565,651 | 2,132,623,804 |
Source: Vietnam Exports Tracker