Coffee exports down 23 percent in quantity

A farmer works at a coffee plantation in the Central Highlands province of Kon Tum (Photo: VNA)

Hanoi (VNA) – The volume of coffee exports decreased nearly 23 percent since the beginning of 2017, dragging down overall revenue from overseas shipments of the products.

Statistics showed that Vietnam exported 1.17 million tonnes of coffee for 2.69 billion USD in the first 10 months of this year, with the US and Germany being the top markets.

Coffee prices have soared by 28.5 percent, but the local sector has yet to seize the opportunity.

The Ministry of Agriculture and Rural Development recommended coffee-planted localities to invest in high-capacity processing and stocking models and not to deliberately expand plantations