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Vietnam expands more markets for coffee exports

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Staff writer ▼ | September 11, 2014
As of late August, Vietnamese coffee produced in its Central Highlands Dak Lak province has found its way into 80 countries and territories, 20 more markets than the number reported earlier this year, according to the Vietnamese Ministry of Agriculture and Rural Development (MARD).
Vietnamese coffee
Asia   80 countries and territories
The province's export turnover has reached $440 million so far this year, a year-on-year increase of 23 percent, reported the ministry on its website.

The top ten importers of Dak Lak coffee were Germany, Japan, the United States, Italy, Switzerland, the Republic of Korea (RoK), India, Spain, Indonesia and Russia.

Dak Lak boasts over 200,000 ha of coffee plantations that produce up to 400,000 tons of beans annually, accounting for 30 percent of Vietnam's total coffee land.

Local farmers are encouraged to follow standardized coffee- growing models, such as the 4C Code of Conduct, Rainforest Alliance, Fair Trade and UTZ Certified, to meet the increasingly strict demands of importers.

Vietnam also planned to continue expanding coffee-growing areas licensed to use the PGI and seek support from the European Trade Policy and Investment Support Project (EU-MUTRAP) to help Buon Ma Thuot coffee enter the European market.

The country exported 1.22 million tons of coffee in the first eight months of this year, earning over $2.5 billion, a year-on-year increase of 26.8 percent in volume and 22.3 percent in value, according to the ministry.


 

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