Vietnam’s Jan-September coffee exports drop 1.4pct, rice down 0.6pct

01-Oct-2020 Intellasia | Reuters | 7:44 AM Print This Post

Vietnam’s coffee exports in the first nine months of this year are expected to show a 1.4 percent drop from a year earlier to 1.25 million tonnes, while rice exports likely fell 0.6%, government data released on Tuesday showed.

Coffee

Coffee exports from Vietnam likely decreased an estimated 1.4 percent in the first nine months of this year from a year earlier to 1.25 million tonnes, equal to 20.83 million 60-kilogram bags, the general Statistical Office said in a report on Tuesday.

Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, likely decreased 1 percent to $2.158 billion in the nine-month period, the report said.

The country’s coffee shipments in September are estimated at 100,000 tonnes valued at $188 million, it said.

Rice

Rice exports in the first nine months of this year from Vietnam are forecast to show a drop of 0.6 percent from a year earlier to 5.026 million tonnes.

Revenue from rice exports in the period is expected to rise 12 percent to $2.468 billion.

September rice exports from Vietnam, one of the world’s largest shippers of the grain, totalled 420,000 tonnes, worth $215 million

Energy

Vietnam’s Jan-September crude oil exports are seen rising 40.9 percent from the same period last year to an estimated 4.089 million tonnes.

Crude oil export revenue in January to September is expected to fall 8.6 percent to $1.363 billion.

Oil product imports in the first nine months were estimated at 9.045 million tonnes, up 42.7 percent from the same period last year, and the value of product imports down 1 percent to $2.97 billion.

https://tuoitrenews.vn/news/business/20200929/vietnams-jansept-coffee-exports-drop-14-rice-down-06/57003.html

 


Category: Economy, Vietnam

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