Vietnam to Export One Million Tons of Coffee Annually
Vietnam will export around one million tons of coffee annually thanks to its s area of 500,000 hectares, the Vietnam Cocoa and Coffee Association (Vicofa) said Friday.
The s export volume will help the country ensure coffee quality and reasonable prices, local analysts said, noting that the one million tons for export is sui.
Vicofa said from 2000 to 2007, ten biggest coffee importers of Vietnam bough 4.283 million tons of coffee, or 611,930 tons per crop from farmers, accounting for 73.77 per cent of Vietnam&rsquos total coffee export volume.
Vietnam exported 571,000 tons of coffee valued at USUS$1.181 billion in the first half of 2008, down 31.7 per cent on year in volume and 4.1 per cent in value.
Vietnamese robusta coffee was traded at US$2,130 a ton of second grade, FOB, early this month, up by USUS$50 a ton from a week earlier, and some 18 per cent from the same period of last year. (Vietnam Economic Times)
Vietnamese
