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$4.58 billion.
The year-to-date value growth reflects favourable global coffee prices, offsetting the lower export volumes. While the October performance shows a short-term dip, the overall high value underscores Vietnam’s continued strength as a leading coffee exporter. Efforts to stabilise volumes could further bolster the sector’s performance.
See also: Coffee in Vietnam: Industry Overview
Vietnam coffee exports, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 259,748,875 | 286,936,878 | -9.48% | 4,575,913,581 |
Germany | 22,997,297 | 7,960,929 | 188.88% | 504,776,054 |
Italy | 15,737,044 | 22,123,604 | -28.87% | 369,190,660 |
Spain | 28,346,528 | 34,194,185 | -17.10% | 368,054,958 |
Japan | 14,304,587 | 20,411,440 | -29.92% | 345,210,715 |
United States of America | 18,773,324 | 10,928,464 | 71.78% | 253,265,900 |
Russia | 12,145,306 | 16,005,531 | -24.12% | 248,846,669 |
Philippines | 19,691,364 | 18,907,814 | 4.14% | 234,653,768 |
Indonesia | 7,136,991 | 8,195,427 | -12.91% | 196,322,483 |
China | 11,947,430 | 20,433,035 | -41.53% | 186,134,950 |
Netherlands | 13,301,031 | 6,718,052 | 97.99% | 158,412,030 |
Thailand | 4,492,628 | 9,922,113 | -54.72% | 142,299,188 |
Belgium | 7,229,459 | 8,750,421 | -17.38% | 130,918,927 |
Malaysia | 10,431,618 | 8,246,771 | 26.49% | 127,507,550 |
South Korea | 13,131,262 | 5,654,988 | 132.21% | 119,673,447 |
United Kingdom | 7,327,794 | 13,769,922 | -46.78% | 108,234,907 |
Algeria | 1,105,000 | 3,757,500 | -70.59% | 96,499,269 |
Poland | 4,005,565 | 8,955,545 | -55.27% | 61,693,591 |
France | 4,829,695 | 7,034,874 | -31.35% | 57,007,518 |
Australia | 2,066,787 | 2,123,247 | -2.66% | 44,720,353 |
Portugal | 2,304,891 | 4,016,363 | -42.61% | 44,471,284 |
India | 292,263 | 543,664 | -46.24% | 38,430,898 |
Egypt | 896,281 | 1,578,575 | -43.22% | 38,303,241 |
Greece | 2,198,101 | 2,073,298 | 6.02% | 27,911,595 |
Israel | 2,090,481 | 4,215,751 | -50.41% | 26,802,462 |
Canada | 1,628,320 | 2,504,957 | -35.00% | 19,513,105 |
Myanmar (Burma) | 392,601 | 551,140 | -28.77% | 8,914,065 |
Romania | 151,875 | -100.00% | 7,791,326 | |
Mexico | 1,869,034 | 2,833,804 | -34.05% | 7,199,359 |
Chile | 439,789 | 695,025 | -36.72% | 6,873,842 |
Cambodia | 665,982 | 561,884 | 18.53% | 6,493,310 |
Singapore | 375,811 | 686,010 | -45.22% | 6,475,494 |
Hungary | 998,264 | 718,022 | 39.03% | 4,914,673 |
Denmark | 118,244 | -100.00% | 3,244,843 | |
New Zealand | 95,335 | 121,129 | -21.29% | 3,238,124 |
South Africa | 104,832 | 604,722 | -82.66% | 1,543,772 |
Finland | 0 | 0.00% | 0.00% | 962,810 |
Laos | 83,117 | 57,737 | 43.96% | 648,417 |
Other | 26,313,063 | 30,810,816 | -14.60% | 568,758,024 |