COFFEE EXPORT PRICES INCREASED SHARPLY IN THE FIRST QUARTER

COFFEE EXPORT PRICES INCREASED SHARPLY IN THE FIRST QUARTER

In the first three months of 2024, Vietnam exported 579,449 tons of coffee, worth 1.93 billion USD. The output increased by only 4.9%, meanwhile, the value increased sharply by 57.3% over the same period last year thanks to high export prices. The Vietnam Coffee and...
VIETNAM BECOMES THE LARGEST BANANA SUPPLIER TO CHINA

VIETNAM BECOMES THE LARGEST BANANA SUPPLIER TO CHINA

According to statistics from China Customs, in the first two months of 2024, the import value of bananas (HS code 0803) of China reached 336,900 tons, worth 159.9 million USD. This result was up 6.1% in volume but down 17.2% in value over the same period in 2023. The...
CASHEW NUT EXPORTS HAVE INCREASED STRONGLY

CASHEW NUT EXPORTS HAVE INCREASED STRONGLY

In March 2024, Vietnam exported 55,000 tons of cashew nuts, worth 289 million USD, twice as much as the previous month. The above data has just been cited by the Import-Export Department (Ministry of Industry and Trade) from Customs. Accumulated in the first quarter,...
VIETNAM EARNED NEARLY 1.4 BILLION USD FROM RICE EXPORTS

VIETNAM EARNED NEARLY 1.4 BILLION USD FROM RICE EXPORTS

In the first three months of 2024, Vietnam exported more than 2.1 million tons of rice, worth nearly 1.4 billion USD. This was an increase of about 42% over the same period last year. This is the latest data updated by Vietnam Customs. Accordingly, rice exports are...
IT IS DIFFICULT FOR PEPPER PRICES TO REMAIN HIGH IN THE LONG TERM

IT IS DIFFICULT FOR PEPPER PRICES TO REMAIN HIGH IN THE LONG TERM

In addition to people switching crops and challenges related to EUDR and emissions reduction, the pepper industry also faces competition from Brazil and Indonesia. MANY BARIERS WHEN TAKING ADVANTAGE OF THE GLOBAL MARKET Global pepper production in the 2023 –...