Vietnam’s Coffee Exports Surge in First Five Months

Vietnam’s coffee shipments have hit record volumes so far in 2024, with the first five months showing a sharp rise in both quantity and value. For specialty coffee professionals tracking global supply chains, these figures offer key insight into where arabica and robusta flows are shifting—and why.

In the first five months of 2024, Vietnam exported 966,000 tonnes of coffee, a 36.7% year-on-year increase. Export value rose 29% to US$1.96 billion. May alone saw 154,000 tonnes shipped, valued at US$336 million.

Monthly and Year-to-Date Export Figures

According to the Vietnamese Ministry of Agriculture and Rural Development, Vietnam’s coffee exports for May 2024 reached 154,000 tonnes (154,000,000 kg), with a total export value of US$336 million. Cumulatively, from January to May 2024, the country exported 966,000 tonnes of coffee—an increase of 36.7% compared to the same period last year. The total export value for these five months was US$1.96 billion, up 29% year-on-year.

Average Export Price and Market Trends

The average export price of Vietnamese coffee over this period was US$2,001 per tonne. This pricing reflects global demand across multiple markets and grades, though specific breakdowns by bean type were not disclosed in the report.

Top Export Markets and Growth Highlights

Germany and the United States remain Vietnam’s top two coffee export destinations. Germany accounted for 14.08% of total exports, while the United States made up 9.62%. Notably, Belgium and France emerged as the fastest-growing markets for Vietnamese coffee during this period. These shifts suggest evolving preferences and trade dynamics among key European importers.

Vietnam’s Coffee Production Outlook

The Vietnamese agricultural ministry forecasts that the 2024–2025 coffee crop will yield approximately 1.75 million tonnes. This projection represents a slight increase from the 2023–2024 crop, which totalled around 1.74 million tonnes. The steady output underscores Vietnam’s role as a reliable global supplier, particularly in the robusta segment.

Frequently Asked Questions

How much coffee did Vietnam export in May 2024?

Vietnam exported 154,000 tonnes of coffee in May 2024, with an export value of US$336 million.

What was Vietnam’s total coffee export volume in January to May 2024?

From January to May 2024, Vietnam exported 966,000 tonnes of coffee, marking a 36.7% increase compared to the same period in the previous year.

What was the average export price of Vietnamese coffee in early 2024?

The average export price was US$2,001 per tonne for the January to May 2024 period.

Which countries are Vietnam’s top coffee export markets?

Germany is the top export market with 14.08% of volume, followed by the United States at 9.62%. Belgium and France are the fastest-growing destinations.

What is Vietnam’s forecasted coffee production for 2024–2025?

The Vietnamese government predicts a coffee crop of approximately 1.75 million tonnes for the 2024–2025 season, up slightly from 1.74 million tonnes in 2023–2024.

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