JavaScript is off. Please enable to view full site.

Vietnam Jan-July coffee exports drop 9.3% y/y, rice shipments fall 10.6%

Vietnam Jan-July coffee exports drop 9.3% y/y, rice shipments fall 10.6%

Thursday, July 29, 2021, 11:12 GMT+7
Vietnam Jan-July coffee exports drop 9.3% y/y, rice shipments fall 10.6%
A man waits for coffee to brew at a cafe in Hanoi, Vietnam May 4, 2017. Photo: Reuters

Vietnam’s coffee exports in the first seven months of the year are expected to register a drop of 9.3% from a year earlier to 953,000 tonnes, and rice exports will likely show a drop of 10.6%, government data released on Thursday showed.

Coffee

Coffee exports from Vietnam are estimated to have fallen 9.3% in the first seven months of this year from a year earlier to 953,000 tonnes, equal to 15.8 million 60-kg bags, the General Statistics Office said in a report on Thursday.

Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, likely decreased 1.7% to $1.25 billion in the seven-month period, the report said.

The country’s coffee shipments in July are estimated at 110,000 tonnes valued at $207 million, it said.

Rice

Rice exports in the first seven months of this year are estimated to have dropped 10.6% from a year earlier to 3.6 million tonnes.

Revenue from rice exports in the period was expected to drop 0.6% to $1.9 billion.

July rice exports from Vietnam totalled 500,000 tonnes, worth $289 million.

Energy

Vietnam’s Jan-July crude oil exports were seen falling 41.6% from the same period last year to an estimated 1.6 million tonnes.

Crude oil export revenue in January to July is expected to fall 10.9% to $815 million.

Oil product imports in the first seven months were estimated at 5.7 million tonnes, down 20.5% from the same period last year, while the value of product imports is seen rising 15.1% to $2.7 billion.

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