Viet Nam's coffee exports drop off
Viet Nam's coffee exports in
April were equivalent to half of Brazil's total exports, confirming the wide
gap between the world's two largest coffee exporters.
The International
Coffee Organisation's (ICO) report, released at the end of May, said Viet Nam
shipped only 1.45 million bags of coffee in April, posting a 42.8 per cent
year-on-year decrease, the largest drop among the top coffee exporting
countries.
Despite being the
world's second largest coffee exporter, the country's export was much less
than Brazil's total of three million bags.
Colombia and
Honduras, which are in third and fourth position respectively, saw their
exports increase by 16 to 20 per cent in the period.
The Viet Nam
Coffee and Cocoa Association said the decrease in coffee output was due to
prolonged bad weather.
The association
said the Central Highlands province of Tay Nguyen faced a severe water
shortage.
In the last 10
years, the region has suffered from the most severe drought on record,
pulling down coffee output and exports to the lowest level in the past five
years.
The website also
forecast there would be 134 days of hot weather in the region by 2050, and
230 days by 2100, thus affecting coffee cultivation.
Vietnamese coffee
exports have also faced a fall in value due to decreasing prices.
Statistics from the
General Department of Customs said coffee export turnover in April was US$225
million, bringing the total to $968 million in the first four months of the
year. This represented a 39 per cent fall over the same period last year. — VNS
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Thứ Năm, 4 tháng 6, 2015
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