It is expected that in the first half of this year, Vietnam will reduce the sale of coffee and rice abroad.
The export of coffee from Vietnam is likely to decrease by about 10.6% in the first half of this year compared to the previous year - up to 928 thousand tons, which is equivalent to 15.47 million 60-kilogram bags, the Central Statistics Office of Vietnam said in a statement. made on friday, june 28th.
The report also says that Vietnam’s six-month export revenue from coffee, the world's largest producer of robusta beans, is likely to fall by 21.1% to $ 1.58 billion.
Vietnam’s overseas supply of coffee in June is estimated at 150,000 tons in the amount of US $ 250 million, the Vietnam Statistical Office said in a statement. It is forecasted that rice exports from Vietnam in the first half of this year will decrease by 2.9% compared to a year earlier - to 3.38 million tons.
Rice export revenue is expected to decline by 17.6% over this period to 1.46 billion US dollars. June exports of rice from Vietnam, the world's third largest exporter, totaled 620,000 tons worth $ 272 million.