Tin Nghia earns US$31.3 mil from coffee export

04:02, 21/02/2014

(ĐN)- Ngo Thi Hong Chau, Vice Marketing Manager of Tin Nghia Corporation, told Dong Nai Newspaper that despite the slow consumption of coffee in the world market, the corp reported a surge in exporting the product.

(ĐN)- Ngo Thi Hong Chau, Vice Marketing Manager of Tin Nghia Corporation, told Dong Nai Newspaper that despite the slow consumption of coffee in the world market, the corp reported a surge in exporting the product.

Harvesting coffee beans in Trang Bom district.
Harvesting coffee beans in Trang Bom district.

The corp shipped abroad 17,000 tons of coffee worth $31.3 million in Jan-Feb, seeing surge of 20%. Its biggest coffee importers are still European and North American countries, and some Asian countries such as South Korea, Malaysia, etc.  

Dong Nai exported over 14,300 tonnes of coffee in January, a rise of 23 percent against the same period in 2013, according to the province’s statistical office. 

Experts forecast Vietnam’s coffee exports will thrive in 2014 with surges to be seen in both value and volume. 

Last year, the country exported 1.32 million tonnes of coffee, earning 2.75 billion USD, the fourth best performance of Vietnam’s exports.

Reported by H.G