Thursday 22 April 2021

Vietnam`s coffee exports fall 9% during corona

Online Desk || TheAgriculturist

Published: 13:31, 15 January 2021  
Vietnam`s coffee exports fall 9% during corona

Coffee is one of the export products of Vietnam. Export of the beverage product from the country has slowed down in the outgoing year amid the global outbreak of the novel coronavirus.

Exports have come down by about 9 percent to 15.1 million tonnes compared to the previous year. At the same time, the country's income from coffee exports has fallen by more than 6 percent. In a recent report, the Vietnam General Statistics Office said. News Reuters and Xinhua.

According to the report, in 2020, Vietnam exported a total of 1 crore 51 lakh 10 thousand tons or 2 crore 52 lakh bags (60 kg per bag) of coffee to the international market. Exports of the beverage from the country have declined by 7.6 percent in one year.

In addition to the slowdown in exports, Vietnam's income from coffee exports in the outgoing year has also declined. According to the report, Vietnam's coffee exports in 2020 stood at ৭ 2.7 billion, down 6.2 percent from the previous year.

Vietnam is mainly known for the production of Robusta coffee. Due to the good quality, there is a huge demand for Robusta coffee produced in Vietnam in the international market. Industry insiders said that due to the Corona epidemic and lockdown, import-export activities have come to a standstill, leading to a slowdown in coffee exports from Vietnam in 2020. At the same time, due to the long period of office-court closures around the world due to Corona, the demand for coffee has also decreased due to running home offices. This has affected Vietnam's coffee exports.