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Home / Economy / Industry
VN eyes US$ 3 bln coffee export turnover
Vgp/Hanoitimes 07:45, 2014/04/25
Viet Nam was expected to ship around 15 million tons of coffee abroad and earn US$ 3 billion in export revenue this year, according to the Viet Nam Coffee And Cocoa Association (Vicofa).

In Q1, nearly 550,000 tons of coffee was exported.

So far, Vietnamese coffee was available in over 80 countries and territories of which Germany held the largest market share with around 14%; followed by the US with 11%.

According to Vicofa, coffee output was forecast to be reduced this year due to severe droughts while coffee demand was projected to surge and coffee prices are rising.

Viet Nam is the world's largest producer of robusta coffee beans.

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