Wednesday, November 24, 2004

Vietnam coffee exports rise 47%

HANOI - Vietnam has so far this year exported 806,000 tonnes of coffee worth US$533 million, a year-on-year increase of 47% in volume and 41% in value, according to the Vietnam Coffee-Cacao Association (VICOFA).

In 2004, the country's coffee sector showed signs of recovery as coffee prices in the world picked up after the 2000-03 crisis.

Vietnam's coffee products have been exported to 59 countries and territories with Germany and the US being the largest markets.

Since 2000, the country has become the world's second biggest coffee exporter after Brazil and equal to Columbia but leading in Robusta coffee exports.

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