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Vietnam’s Robusta coffee exports to the Japanese market during the initial eight months of the year witnessed a double-digit growth rate compared to the same period from last year, according to statistics from the General Department of Vietnam Customs.
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<h4 style="text-align:justify">VOV.VN - Vietnam’s Robusta coffee exports to the Japanese market during the initial eight months of the year witnessed a double-digit growth rate compared to the same period from last year, according to statistics from the General Department of Vietnam Customs.</h4> <p style="text-align:justify"><img alt="vietnamese robusta coffee exports to japan record double-digit growth picture 1" src="https://media.vov.vn/sites/default/files/styles/large/public/2023-09/robusta.jpg" title="vietnamese robusta coffee exports to japan record double-digit growth picture 1" /></p> <p style="text-align:justify">August alone saw the nation export 9,100 tonnes of coffee worth US$28.51 million to Japan, a drop of 3.1% in volume and 2.3% in value compared to the previous month, but up 6.5% in volume and 37.6% in value against the same period last year.</p> <p style="text-align:justify">Vietnamese coffee exports to the Japanese market in the opening eight months of the year reached 78,730 tonnes worth US$218.87 million, representing a rise of 1.1% in volume and 11.6% in value compared to last year's corresponding period from.</p> <p style="text-align:justify">The average export price of Vietnamese coffee to the East Asian nation during the eight-month period surged 10.4% to US$2,780 per tonne on-year.</p> <p style="text-align:justify">Most notably, the proportion of Robusta coffee as part of total export turnover to the Japanese market increased from 66.51% in the reviewed period last year to 69.1% in the same period this year. Similarly, the proportion of processed coffee exports also rose from 23.13% last year to 24.57% this year.</p> <p style="text-align:justify">In contrast, the proportion of Arabica coffee exports to Japan decreased from 10.36% in the first eight months of last year to 6.34% in this year's same period.</p> <p style="text-align:justify">According to statistics released by the International Trade Center, Japan imported approximately 207,400 tonnes of coffee worth US$873 million during the seven-month period, down 19.1% in volume and 20.4% in value compared to the same period from last year.</p> <p style="text-align:justify">Experts attributed Japan's reduction in coffee imports to economic recession and high inflation, adding that there remains a positive outlook ahead for coffee exports to the market as Japan began to increase coffee imports again in July.</p> <p style="text-align:justify">Local businesses are therefore advised to comply with the stringent phytosanitary requirements to make further inroads into the demanding market.</p>
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