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Vietnam Jan coffee exports drop 17.6%, rice down 29.5%

Friday, January 29, 2021, 13:47 GMT+7
Vietnam Jan coffee exports drop 17.6%, rice down 29.5%
Rice is displayed for sale at Ben Thanh market in Vietnam's southern Ho Chi Minh City April 28, 2008. Photo: Reuters

HANOI -- Vietnam's coffee exports in January are estimated to have dropped 17.6 percent from a year earlier to 120,000 metric tons, while rice exports likely fell 29.5 percent, government data released on Friday showed.

Coffee

Coffee exports from Vietnam are estimated to have dropped 17.6 percent in January from a year earlier to 120,000 metric tons, equal to 2 million 60-kg bags, the General Statistics Office (GSO) said on Friday.

Coffee export revenue for Vietnam, the world's biggest producer of the robusta bean, is estimated to have dropped 12.6 percent to $217 million in the month.

Rice

Rice exports in January are estimated to have dropped 29.5 percent from a year earlier to 280,000 metric tons.

Revenue from rice exports in the period was seen decreasing 20.4 percent to $154 million.

Energy

Vietnam's January crude oil exports were estimated to have fallen 11.5 percent from the same period last year to 356,000 metric tons.

Crude oil export revenue in the period was seen sliding 33.9 percent from a year earlier to $135 million.

Oil product imports in January were estimated at 600,000 metric tons, down 47.6 percent from the same period last year, while the value of product imports likely decreased 62.6 percent to $218 million.

The GSO trade data is subject to revision next month.

Reuters

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