HANOI – Vietnam’s coffee exports in the first three months of the year likely fell 12.7 percent from a year earlier to 794,000 million metric tons, while rice exports likely rose 1.1 percent, government data released on Friday showed. Coffee Coffee exports from Vietnam are expected to fall an estimated 12.7 percent in the first ten months of this year from a year earlier to 794,000 million metric tons, equal to 13,233 60-kilogram bags, the General Statistics Office (GSO) said on Friday. Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, will likely decline 6.4 percent to US$653 million in Q1. The country’s coffee shipments in October are estimated at 150,000 metric tons, valued at US$254 million. Rice Rice exports in January-March are forecast to increase 1.1 percent from a year earlier to 1.4 million metric tons. Revenue from rice exports in the period is expected to increase 7.9 percent to $653 million. March rice exports from Vietnam, the world’s third-largest shipper of the grain, likely totaled 480,000 metric tons, worth $222 million. Energy Vietnam’s January-March crude oil exports were seen rising 11.6 percent from the same period last year to an estimated 1.28 million metric tons. Crude oil export revenue from January to… Read full this story
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