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Vietnam’s coffee exports earned more than 2 Billion in the first halft of 2023

The coffee industry in Vietnam continues to thrive, with the country earning over $2 billion from coffee exports in the first half of 2023. Despite a slight decrease in coffee exports compared to the same period in 2022, export prices have increased, contributing to the overall revenue.

Vietnam's coffee industry has consistently been a part of the "one-billion-USD" club since 2010, and it reached its highest peak in 2022, earning $4.056 billion in export revenue. Vietnamese coffee is exported to 38 markets worldwide, with export turnover exceeding $10 million in 25 markets and surpassing $100 million in six traditional markets.

If the sector manages to maintain an export turnover of around $360 million per month until the end of the year, it is projected to set a new record of $4.5 billion in export revenue in 2023. This would represent a growth rate of 10.9% compared to the previous year.