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Vietnam coffee exports fall 29 percent September over August

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

SeptemberMoM ChangeYear to date
DestinationTonsUS$TonsUS$TonsUS$
Total51,369286,936,878-32.60%-28.66%1,106,7464,311,722,644
Spain5,78634,194,1855.95%11.77%83,236339,311,422
Italy4,30722,123,604-46.20%-38.11%103,392353,453,616
China4,26120,433,035-3.99%-13.13%41,142174,186,310
Japan3,47820,411,440-51.34%-49.27%79,642330,779,393
Philippines3,20218,907,814-23.85%-27.42%45,813214,962,404
Russia2,82616,005,53175.20%74.79%57,809235,512,313
UK2,29413,769,92213.56%22.39%22,816100,907,113
USA2,10010,928,464-51.64%-45.73%64,251234,491,683
Thailand1,8399,922,113-51.67%-51.78%33,875137,806,560
Poland1,0188,955,54551.04%52.28%9,11957,688,026
Other20,258111,285,225-41.29%-37.86%565,6512,132,623,804

Source: Vietnam Exports Tracker

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