Viet Nam’s coffee prices on winning streaks

Vietnamese Coffee prices have reached a new record high of 3.6 USD per kg, doubling compared to the same period last year.Significant increases in exports have positively affected domestic coffee prices.

The surge in coffee prices is due to the enormous global demand for Vietnamese robusta coffee, while the domestic supply has declined compared to previous years. In the first two months of this year, Viet Nam’s coffee exports reached 438,000 tons, valued at 1.38 billion USD. This is an increase of nearly 28% in volume and 85% in value compared to the same period last year.