Vietnam exported more than 736,000 tons of coffee from January to mid-May, earning $4.2 billion, according to data from Vietnam Customs. Although export volume dropped by 5.5% compared to the same period last year, export revenue jumped by 56%, driven by a steep rise in global coffee prices.
Within the country, coffee prices in the Central Highlands—Vietnam’s main growing region—fell on Saturday by VND2,500 to VND3,300 (roughly $0.13) per kilogram. Current prices sit at VND122,500 ($4.73) per kg in Dak Nong, Dak Lak, and Gia Lai provinces, and VND122,000 per kg in Lam Dong.
Agricultural experts predict that domestic prices could continue to decline, possibly reaching VND120,000 ($4.63) per kg, as global coffee prices trend downward. The recent drop follows signs of easing in earlier price pressures, including weather-related concerns and international trade tensions.
Meanwhile, increased investment in coffee cultivation and replanting over the past two years is expected to raise output, which may further influence prices.
Nguyen Tien Dung, deputy general director of leading exporter Simexco Dak Lak Ltd, emphasized the need to raise the rate of deep processing to 40–45%. He said this would help ensure long-term benefits for Vietnamese coffee growers.
In 2024, Vietnam exported nearly 1.35 million tons of coffee, earning a record $5.62 billion. The average export price reached an all-time high of $4,178 per ton, with a peak of $5,855 per ton in November. Domestically, raw coffee prices topped out at VND131,000 ($5.20) per kilogram, providing farmers with a net profit of over VND90,000 per kilogram after costs.
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