Vietnam is rated as one of the top five coffee exporters in the world.
According to a survey of American consumers conducted by the Colombian Coffee producers Association, Colombia, Brazil, Costa Rica, Kenya and Vietnam are considered to be the five best-known coffee producers, with approval ratings of 85%, 67%, 59%, 33% and 16%, respectively. The United States is the world's largest coffee market.
Reported that Vietnam is currently one of the world's major exporters of robusta coffee. In 2014, Vietnam exported about 1.73 million tons of coffee, an increase of 33.4 percent over the same period last year, while exports totaled about US $3.62 billion, an increase of 32.2 percent. Germany and the United States are the two major export markets for Vietnamese coffee, accounting for 14.1% and 10.2% of Vietnam's coffee exports, respectively. In January this year, Vietnam exported about 100000 tons of coffee, down 28.9% from the same period last year; exports exceeded US $200 million, down 23.6%.
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Development of Coffee in Korea South Korea imported nearly 140000 tons of coffee in 2014
Although South Korea's economy is still in the doldrums and consumption is shrinking, South Korea's coffee imports hit an all-time high in 2014, according to statistics released by the South Korean Customs Agency on the 29th. Data show that South Korea imported 139764 tons of coffee in 2014, an increase of 14.8 percent over the previous year, and imports of US $595.415 million, an increase of 18.2 percent over the previous year. Coffee imports are at an all-time high.
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Some banks "untie" Hougu Coffee and agree to the policy of "lending the new to the old".
Reporter Liu Yong reported: the debt crisis of Yunnan Hougu Coffee, the boss of domestic coffee, has finally taken a turn for the better! The reporter learned from the company that after paying attention to Hougu Coffee's determination to give up high-interest private lending to maintain the status quo of short-term bank lending and preparing to face the debt crisis, some banks approved the policy of short-term liquidity loan for Hougu Coffee and supported Hougu Coffee.
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