May 3, 2024 | 03:52 GMT +7
Hotline: 0913.378.918
May 3, 2024 | 03:52 GMT +7
Hotline: 0913.378.918
Arabica coffee export price increased sharply compared to the first half of 2020. Photo: TL.
According to the Import-Export Department (Ministry of Industry and Trade), in the early months of 2021, due to the negative impact of the Covid-19 pandemic, Vietnam's Arabica coffee export decreased sharply compared to the same period in 2020.
Statistics from the General Department of Customs show that, in the first 6 months of 2021, Arabica coffee exports reached 37.24 thousand tons, which is worth US$101.86 million, down by 61.7% in volume and 54.9% in value over the same period in 2020.
However, the export price of Arabica coffee increased significantly over the same period. In June 2021, the average export price of Arabica coffee reached $2,873/ton, the highest level in recent years, up by 33% compared to June 2020.
On average in the first 6 months of this year, the export price of Arabica coffee reached 2,735 USD/ton, up by 17.5% over the same period in 2020. In which, the average export price of Arabica coffee sees a high growth rate to some markets such as: Germany, Belgium, France, Russia.
Translated by Nguyen Hai Long
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