JavaScript is off. Please enable to view full site.

Vietnam Jan-Apr coffee exports likely down 34.2% y/y, rice down 10.8%

Vietnam Jan-Apr coffee exports likely down 34.2% y/y, rice down 10.8%

Thursday, April 29, 2021, 11:14 GMT+7
Vietnam Jan-Apr coffee exports likely down 34.2% y/y, rice down 10.8%
A man checks roasted coffee beans at a factory in Hanoi, Vietnam November 22, 2016. Photo: Reuters

Vietnam’s coffee exports in the first four months of the year likely down 17.6% from a year earlier to 563,000 tonnes, while rice exports likely down 10.8%, government data released on Thursday showed.

Coffee

Coffee exports from Vietnam are expected to drop an estimated 17.6% in the first four months of this year from a year earlier to 563,000 tonnes, equal to 9.38 million 60-kg bags, the General Statistics Office (GSO) said on Thursday.

Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, will likely fall 11.6% from a year earlier to $1.02 billion in the four-month period.

The country’s coffee shipments in April are estimated at 110,000 tonnes, valued at $209 million.

Rice

Rice exports in January-April are forecast to drop 10.8% from a year earlier to 1.89 million tonnes.

Revenue from rice exports in the period is expected to increase 1.2% from a year earlier to $1.01 billion.

April rice exports from Vietnam, likely totalled 700,000 tonnes, worth $362 million.

Engery

Vietnam’s January-April crude oil exports were seen falling 38.5% from the same period last year to an estimated 1.05 million tonnes.

Crude oil export revenue in the period is expected to dive 16.7% from a year earlier to $487 million.

Oil product imports in the four months were estimated at 2.4 million tonnes, down 46.4% from the same period last year, while the value of product imports decreased 38.7% to $143.3 million.

The GSO trade data is subject to revision next month.

Reuters

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news