Vietnam November coffee exports forecast 1.33 M bags, down 2.4% on year

Vietnam’s November coffee exports will likely fall 2.4% from the same month last year in terms of volume but rise 24% in value, the government’s General Statistics Office said Thursday.

Vietnam’s November coffee exports will likely fall 2.4% from the same month last year in terms of volume but rise 24% in value, the government’s General Statistics Office said Thursday.

November coffee exports are expected to total 80,000 metric tons, or 1.33 million bags of 60 kilograms each, valued at $143 million, the GSO said. In November 2009, Vietnam exported 82,000 tons valued at $115 million.

The GSO revised the country’s October coffee exports downward to 57,000 tons, compared with a previous estimate of 70,000 tons.

In the 2010-11 crop year, which began Oct. 1, Vietnam has so far exported 137,000 tons of coffee beans, or 2.28 million 60-kg bags, unchanged from the same period last year. The value of these exports was $240 million, up 24%.

Tags: Vietnam Coffee, vietnam coffee exports

Posted by VBN on Nov 26 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry