The coffee industry in Vietnam has emerged as a prominent contributor to the country's agricultural exports in the first half of 2023, generating an impressive revenue of $2 billion, as confirmed by the General Department of Customs.
According to statistical data released by the department, Vietnam had exported 934,900 tonnes of coffee as of June 15, marking a slight decrease of 3.7% compared to the same period in 2022. However, the export prices experienced a notable increase of nearly $2 per tonne.
Notably, the coffee sector has consistently been part of the prestigious "one-billion-USD" club since 2010 and achieved its peak performance of $4.056 billion in 2022. This exclusive club recognizes exports that annually yield at least $1 billion.
Vietnamese coffee has successfully established a presence in 38 markets worldwide, with export turnovers exceeding $10 million in 25 markets and surpassing $100 million in six traditional markets.
If the export turnover maintains a monthly average of approximately $360 million until the end of this year, the coffee sector is poised to set a new record of $4.5 billion in 2023, representing a notable growth of 10.9% compared to the previous year.
Coffee beans are seen in the hands of a farmer in Gia Lai Province in Vietnam's Central Highlands. SOurce & photo by VnExpress/Duc Hoa https://e.vnexpress.net/
Potential logistics opportunities in Vietnam's coffee industry ......
Ad. VP Gallery in Shanghai offers comprehensive supply chain services to facilitate your import of food and beverage (F&B) products into China, from sourcing and procurement to transportation and customs clearance, we ensure a seamless and timely flow of your F&B products Email us email@example.com
Supply Chain Management.../To optimize the movement of coffee beans from farms to processing facilities and ultimately to export destinations. Such as inventory management, warehousing, distribution, trade label application and order fulfillment
ensuring a seamless flow of coffee throughout the supply chain.
Ad. Superstar Global Logistics - Vietnam Our dedicated team of professionals is experienced in navigating regulatory requirements and can provide end-to-end support for your import operations.
Value-added Services.../In addition to transportation and logistics, there are opportunities for value-added services such as quality control, packaging, labeling, and product inspection. Freight forwarders and logistics providers can help coffee exporters explore new markets, establish supply chain networks, and connect with potential buyers and distributors worldwide.