Vietnams coffee exports to Algeria rise sharply
Hanoi (VNA) – Vietnam shipped 74,120 tonnes of coffee beans to Algeria in 2018, earning 132.48 million USD, up 56 percent in volume and 28 percent in value from 2017, the General Department of Vietnam Customs reported.
Illustrative image (Photo: VNA)
Coffee is the most favourite drink of Algerians, with each consuming more than 3kg of coffee annually.
The North African country imports about 130,000 tonnes of coffee beans worth around 300 million USD each year. Robusta coffee makes up more than 85 percent of the total import value.
Apart from Vietnam, Ivory Coast, Indonesia, Brazil and Italy are also Algeria’s major coffee suppliers.
Vietnamese Commercial Counselor to Algeria Hoang Duc Nhuan said Algeria still has room for Vietnamese coffee, which is expected to become the country’s top export item to Algeria. In 2018, Vietnam’s coffee export turnover to Algeria accounted for 68 percent of its accumulated export value.
Vietnam is now the world’s second largest exporter of coffee beans and the largest robusta exporter. Coffee export accounts for nearly 10 percent of the country’s total shipment of agro-forestry-fisheries.
The Vietnamese instant coffee is now available in 70 countries and territories worldwide.
There are 20 instant coffee processing plants across the country, having a total capacity of 75,280 tonnes per year, not to mention hundreds of small-scale processing facilities with a total capacity of around 70,000 tonnes.
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Việt Nam exported more than 1.8 million tonnes of coffee worth US$3.54 billion in 2018, marking year-on-year rises of 20 per cent and 1.2 per cent respectively.