Vietnam Jan-March coffee exports estimated to rise 12.7 pct y/y, rice to rise 9.1 pct


Vietnam’s coffee exports for the January to March period rose an estimated 12.7 percent from the same period a year ago, while rice exports grew an estimated 9.1 percent during the same period, government data on Thursday showed.

Coffee exports from Vietnam will rise an estimated 12.7 percent in January to March from a year ago to 510,000 tonnes, equal to 8.5 million 60-kg bags, the General Statistics Office said in a report on Thursday.

Coffee export revenue for Vietnam, the world’s second biggest producer of Robusta bean, edged down 3.7 percent annually to $989 million in the first quarter, the report said.

March coffee exports were estimated at 180,000 tonnes, worth $347 million.

Rice exports in the first quarter of 2018 from Vietnam were forecast to rise 9.1 percent from a year ago to 1.35 million tonnes. Revenue from rice exports in the period were forecast to rise 23.8 percent year-on-year to $668 million.

March rice exports from Vietnam, the world’s third-largest shipper of the grain, were recorded at 520,000 tonnes, worth $260 million.

Vietnam’s January to March crude oil exports fell 36.5 percent year-on-year to an estimated 964,000 tonnes.

Crude oil export revenue in the first three months of 2018 fell 21.1 percent to $509 million.

Oil product imports in the three-month period increased 20.1 percent from the same time last year to an estimated 3.51 million tonnes, while the value of the product imports rose 37.1 percent to $2.2 billion.

Vietnam’s January to March liquefied petroleum gas imports increased 17.3 percent from a year earlier to 363,000 tonnes.


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