Wednesday, March 12, 2025 11:23:29 AM - Markets open
VN-INDEX 1,338.21 +5.67/+0.43%
HNX-INDEX 241.88 +1.30/+0.54%
UPCOM-INDEX 99.54 +0.14/+0.14%
Vietnam’s coffee exports reach nearly $800 million in January
vietnamnews - 2/7/2025 9:27:32 AM
 (0 ratings. You must sign in to rate.)

Statistics from the Vietnam Coffee-Cocoa Association show that in January 2025, Vietnam exported 154,635 tonnes of coffee, generating revenues of US$799.5 million.

Farmers harvest coffee in Đắk Lắk Province. — VNA/VNS Photo
 
Vietnam exported 154,635 tonnes of coffee in January 2025, earning US$799.5 million, according to statistics from the Việt Nam Coffee-Cocoa Association.
 
Of this total, green coffee exports reached 137,568 tonnes, generating $694.9 million, marking a 38.2 per cent decline in volume, but an 8.8 per cent increase in value compared to the same period last year.
 
Processed coffee exports amounted to 17,067 tonnes, bringing in $104.6 million, accounting for 11 per cent of total volume and 13 per cent of total export value.
 
In January, foreign direct investment (FDI) enterprises contributed 21.8 per cent of Vietnam’s total green coffee export volume and 22.4 per cent of total export value for this segment.
 
In 2024, domestic enterprises exported nearly 1.35 million tonnes of coffee, generating a record-breaking $5.62 billion in revenue.
 
The average export price of coffee reached an all-time high of $4,178 per tonne, with prices soaring to $5,855 per tonne in November 2024. Meanwhile, domestic raw coffee prices peaked at VNĐ131,000 ($5.2) per kilogramme, yielding a net profit of over VNĐ90,000 per kilogram for farmers, after deducting costs.
 
For 2025, the Ministry of Agriculture and Rural Development has set a coffee production target of 1.98 million tonnes, slightly higher than the previous year.
 
The US Department of Agriculture forecasts that global coffee consumption for the 2024–25 season will rise by 5.1 million bags to 168.1 million bags. Meanwhile, Vietnam’s coffee exports are projected to increase by 1.8 million bags, reaching 24.4 million bags, supported by improved supply conditions. — VNS
 
Read original article here
Newer News
10:08 Green e-commerce in Vietnam still faces challenges
10:05 Local governments adjust GRDP goals to meet or exceed national growth target
09:52 Vietnam's agricultural exports surge to five-year high
09:48 Soaring hog prices drive stock market gains
09:41 Measures needed to boost business optimism: VCCI
11/03 New regulations ensure higher standards for exported food
11/03 Railway connectivity to enhance China-Vietnam economic, trade collaboration: official
11/03 Vietnam's coffee exports aim for $6 billion milestone
10/03 Draft decrees add new procedures, causing difficulties for businesses: VASEP
10/03 Building momentum for a sustainable future: Việt Nam's dynamic path to economic growth
Older News
07/02 EVs will no longer be exempt from registration fees
07/02 Reaching economic targets hinges on balancing GDP growth and inflation control
06/02 Thailand reviews anti-dumping tax on Vietnamese steel
06/02 January CPI up 0.98 per cent
06/02 Vietnam and India trade reached $15 billion in 2024
06/02 Over $100 billion in exports granted preferential C/O
06/02 Flexible tax policy to propel Việt Nam's economic growth in 2025
05/02 Investment opportunities seen in rubber, steel industries in 2025
05/02 Chinese carmakers to build automobile plants in Thái Bình
05/02 Vietnam's port firms thrive in 2024
 
Newsletter Signup
Top Stories
Market cautious as liquidity drops significantly
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Market Update
Last updated at 11:19:59 AM
VN-INDEX 1,338.21 +5.67/+0.43%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.