A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Vietnam’s coffee exports dip in October, year-to-date value remains strong

Vietnam’s coffee exports declined in October 2024, with volumes totalling 45,412 tonnes, valued at US$259.75 million. This represents an 11.6 percent decrease in volume and a 9.5 percent drop in value compared to September, which recorded 51,369 tonnes and US$286.94 million, , according to Vietnam’s General Department of Customs.

Despite the October downturn, year-to-date figures highlight significant growth in value. From January to October, Vietnam exported 1.15 million tonnes of coffee, a decline of 11.1 percent in volume compared to the same period in 2023. However, the export value surged by 39.2 percent, reaching US$4.58 billion.

The year-to-date value growth reflects favourable global coffee prices, offsetting the lower export volumes. While the October performance shows a short-term dip, the overall high value underscores Vietnam’s continued strength as a leading coffee exporter. Efforts to stabilise volumes could further bolster the sector’s performance.

See also: Coffee in Vietnam: Industry Overview

Vietnam coffee exports, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total259,748,875286,936,878-9.48%4,575,913,581
Germany22,997,2977,960,929188.88%504,776,054
Italy15,737,04422,123,604-28.87%369,190,660
Spain28,346,52834,194,185-17.10%368,054,958
Japan14,304,58720,411,440-29.92%345,210,715
United States of America18,773,32410,928,46471.78%253,265,900
Russia12,145,30616,005,531-24.12%248,846,669
Philippines19,691,36418,907,8144.14%234,653,768
Indonesia7,136,9918,195,427-12.91%196,322,483
China11,947,43020,433,035-41.53%186,134,950
Netherlands13,301,0316,718,05297.99%158,412,030
Thailand4,492,6289,922,113-54.72%142,299,188
Belgium7,229,4598,750,421-17.38%130,918,927
Malaysia10,431,6188,246,77126.49%127,507,550
South Korea13,131,2625,654,988132.21%119,673,447
United Kingdom7,327,79413,769,922-46.78%108,234,907
Algeria1,105,0003,757,500-70.59%96,499,269
Poland4,005,5658,955,545-55.27%61,693,591
France4,829,6957,034,874-31.35%57,007,518
Australia2,066,7872,123,247-2.66%44,720,353
Portugal2,304,8914,016,363-42.61%44,471,284
India292,263543,664-46.24%38,430,898
Egypt896,2811,578,575-43.22%38,303,241
Greece2,198,1012,073,2986.02%27,911,595
Israel2,090,4814,215,751-50.41%26,802,462
Canada1,628,3202,504,957-35.00%19,513,105
Myanmar (Burma)392,601551,140-28.77%8,914,065
Romania151,875-100.00%7,791,326
Mexico1,869,0342,833,804-34.05%7,199,359
Chile439,789695,025-36.72%6,873,842
Cambodia665,982561,88418.53%6,493,310
Singapore375,811686,010-45.22%6,475,494
Hungary998,264718,02239.03%4,914,673
Denmark118,244-100.00%3,244,843
New Zealand95,335121,129-21.29%3,238,124
South Africa104,832604,722-82.66%1,543,772
Finland00.00%0.00%962,810
Laos83,11757,73743.96%648,417
Other26,313,06330,810,816-14.60%568,758,024
Get Vietnam food and beverage news sent straight to your inbox

Latest food and beverage news...