Vietnam earns US$63M from exporting more than 30,700 tonnes of coffee to Mexico in first 10 months of 2013, down 19% from year-ago period, according to government data
Nevin Barich
HANOI, Vietnam
,
November 11, 2013
(Vietnam News Agency)
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Vietnam earned 63 million USD from exporting more than 30,700 tonnes of coffee to Mexico in the first 10 months of the year, down 19 percent against the same period last year.
According to the Ministry of Industry and Trade (MoIT), coffee is one of Vietnam ’s five key exports to Mexico and despite the world’s economic downturn and market fluctuations, coffee exports to this market remains steady.
In 2013, the export price of coffee increased slightly by 2.3 percent over 2012 and declined by 4 percent compared to 2011’s peak season. It currently hovers around 1,950-2,110 USD per tonne.
Vietnam is the world’s second largest coffee exporter. However, its coffee exports fell by 24 percent in volume and 23.9 percent in value during the January-October period./.
(c) 2013 Viet Nam News, Vietnam News Agency
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