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Vietnam Nov coffee exports drop 8.4% m/m, rice down 3.1%-customs

Vietnam Nov coffee exports drop 8.4% m/m, rice down 3.1%-customs

Monday, December 14, 2020, 14:26 GMT+7
Vietnam Nov coffee exports drop 8.4% m/m, rice down 3.1%-customs
A man holds up coffee beans above a basket for roasting at a coffee shop in Hanoi in this August 7, 2012. Photo: Reuters

HANOI -- Vietnam’s coffee exports in November fell 8.4% from October to 83,730 tonnes, while rice exports in the same period were down 3.1% against the preceding month, government customs data released on Monday showed.

For the first eleven months of the year, Vietnam exported 1.43 million tonnes of coffee, down 3.0% from a year earlier, Vietnam Customs said in a statement.

Coffee export revenue in January-November fell 1.9% to around $2.49 billion, it said.

Meanwhile, Vietnam’s rice exports in November fell 3.1% from the previous month to 351,515 tonnes, the statement said.

The country’s rice exports in the January-November period fell 2.9% year on year to 5.7 million tonnes, it said. 

Reuters

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