Nikkei Asian Review: VN now Japan's top coffee supplier, fueled by COVID
VGP – Viet Nam, the world's biggest producer of robusta, became Japan's top supplier of coffee beans and relegated Brazil to second place, according to the article on the Nikkei Asian Review.
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Viet Nam is the top seller of unroasted beans to Japan for the first seven months of the year |
Imports from Viet Nam outpaced those from Brazil, which had long been the No. 1 supplier, for the first time. Viet Nam is on track to top Brazil for the entire year, said Shiro Ozawa, an adviser with Tokyo-based specialty coffee trader Wataru & Co. "This is a historic moment."
Coffee exports from Viet Nam dropped an estimated 1.3% in the first eight months on the year to 1.16 million tons, or 19.3 million 60-kg bags, the General Statistics Office (GSO) said.
Coffee export revenue for Viet Nam, the world's biggest producer of the robusta bean, saw a year-on-year decrease of 0.2% at US$1.98 billion in the eight-month period.
Its August coffee shipments are estimated at 110,000 tons, valued at US$197 million.
By Thuy Dung