Vietnam Exported 966,000 Tons of Coffee in First 5 Months of 2014

In early 2014, global coffee traders and importers watched closely as Vietnam—the world’s second-largest coffee exporter—shipped record volumes out of the country. For anyone tracking supply chains or sourcing robusta-heavy blends, the numbers from Hanoi provided a clear signal: Vietnamese production was surging, and international buyers were responding in kind.

In the first five months of 2014, Vietnam exported 966,000 tons of coffee, a 36.7% year-on-year increase. Export revenue hit US$1.96 billion, up 29%. May alone saw 154,000 tons shipped, valued at US$336 million. The average export price was US$2,001 per ton.

Top Export Markets for Vietnamese Coffee

Germany and the United States remained Vietnam’s two largest coffee export markets. Together, they accounted for over a fifth of total shipments: Germany took 14.08% of Vietnamese coffee exports, while the U.S. imported 9.62%. These two countries consistently ranked as the top destinations for Vietnamese beans during the period.

Fastest-Growing Coffee Markets

While Germany and the U.S. led in volume, Belgium and France emerged as the fastest-growing markets for Vietnamese coffee exports. Though specific growth percentages weren’t detailed in the report, their rising share signalled increasing demand from Western European buyers during the first five months of 2014.

Vietnam’s 2014–2015 Coffee Crop Forecast

The Vietnam Ministry of Agriculture and Rural Development projected the 2014–2015 coffee crop at approximately 1.75 million tons. This figure represented a slight increase from the 1.74 million tons harvested in the 2013–2014 season. The modest uptick suggested stable production levels heading into the new crop year.

Frequently Asked Questions

How much coffee did Vietnam export in the first five months of 2014?

Vietnam exported 966,000 tons of coffee from January to May 2014, marking a 36.7% increase compared to the same period in 2013.

What was the total value of Vietnam’s coffee exports in early 2014?

The total export value for Vietnamese coffee from January to May 2014 was US$1.96 billion, a 29% rise year-on-year.

What was the average export price per ton of Vietnamese coffee in 2014?

The average export price for Vietnamese coffee in 2014 was US$2,001 per ton.

Which countries were Vietnam’s top coffee export markets in 2014?

Germany and the United States were Vietnam’s top two coffee export markets, accounting for 14.08% and 9.62% of total exports, respectively.

Which markets showed the fastest growth for Vietnamese coffee exports in 2014?

Belgium and France were identified as the fastest-growing markets for Vietnamese coffee exports during the first five months of 2014.

What was the forecasted coffee production for Vietnam’s 2014–2015 crop season?

The Vietnamese government forecasted a coffee production of approximately 1.75 million tons for the 2014–2015 crop season, slightly up from 1.74 million tons in 2013–2014.

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