Vietnam’s coffee exports are expected to have fallen an estimated 22.4 percent in the first 11 months of this year from a year earlier, while rice shipments are seen to have risen 24.1 percent, the General Statistics Office said in a report on Wednesday.
Coffee exports from Vietnam will drop an estimated 22.4 percent in January-Nov from the same time last year to 1.27 million tonnes (21.2 million 60-kg bags).
Export revenue was estimated to edge down 3.6 percent on year to $2.9 billion, the report said.
November shipments of beans in Vietnam, the world’s largest robusta producer, are estimated at 85,000 tonnes, higher than October, the report said.
Rice, energy exports
Eleven-month rice exports from the world’s third-largest shipper of the grain were forecast to rise 24.1 percent to 5.51 million tonnes. Revenue from the January-November rice exports was seen rising 24.9 percent year-on-year to $2.5 billion.
Vietnam would ship an estimated 420,000 tonnes of rice in November, compared to 483,000 tonnes in October, the report said.
Vietnam’s January-November crude oil exports were seen unchanged from last year at an estimated 6.34 million tonnes, or 138,600 barrels per day (bpd).
Crude oil export revenue in the eleven-month period rose 22.1 percent to $2.62 billion.
Oil product imports increased 9.9 percent to an estimated 11.7 million tonnes, while the value of imports jumped 39.3 percent to $6.26 billion.
Vietnam’s liquefied petroleum gas imports during the period increased 11.6 percent from a year earlier to 1.26 million tonnes.