Coffee export revenue for Vietnam will likely be up 1.1% to nearly $2 billion in the eight-month period
Vietnam’s coffee exports in the first eight months of the year were likely down 6.9% from a year earlier to 1.07 million tonnes, while rice exports likely fell 14.8% on-year to 3.9 million tonnes, government data released on Sunday showed.
Coffee
The coffee exports for the eight months were equal to 17.8 million 60-kg bags, the General Statistics Office (GSO) said on Sunday.
Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, will likely be up 1.1% to nearly $2 billion in the eight-month period.
The country’s coffee shipments in August are estimated at 105,000 tonnes, valued at $207 million.
Rice
Rice exports revenue in the January-August period is expected to fall 6.8% to $2.1 billion.
August rice exports from Vietnam likely totalled 430,000 tonnes, worth $211 million.
Energy
Vietnam’s January-August crude oil exports were seen falling 45.1% from the same period last year to an estimated 1.92 million tonnes.
Crude oil export revenue in the period is expected to fall 14.1% from a year earlier to $1 billion.
Oil product imports in the first eight months were estimated at 6.5 million tonnes, down 18.7% from the same period last year, while the value of product imports increased 20.6% to $3.2 billion.
