Vietnam's Jan-July Coffee Exports Drop 0.1%, Rice Down 1.4%​



HANOI (Reuters) - Vietnam's coffee exports in the first seven months of the year are expected to drop 1.4% from a year earlier to 1.06 million tonnes, and rice exports will likely drop 1.4%, government data released on Wednesday showed.

COFFEE
Coffee exports from Vietnam will likely decrease an estimated 1.4% in the first seven months of this year from a year earlier to 1.06 million tonnes, equal to 17.68 million 60-kg bags, the General Statistics Office said in a report on Wednesday.

Coffee export revenue for Vietnam, the world's biggest producer of the robusta bean, will likely decrease 0.5% to $1.8 billion in the seven-month period, the report said.

The country's coffee shipments in July are estimated at 120,000 tonnes valued at $213 million, it said.

RICE
Rice exports in the first seven months of this year from Vietnam were forecast to drop 1.4% from a year earlier to 3.9 million tonnes.

Revenue from rice exports in the period was expected to rise 10.9% to $1.91 billion.

July rice exports from Vietnam, the world's third-largest shipper of the grain, totalled 300,000 tonnes, worth $109 million

ENERGY
Vietnam's Jan-July crude oil exports were seen rising 18.7% from the same period last year to an estimated 2.8 million tonnes.

Crude oil export revenue in January to July is expected to fall 25.2% to $915 million.

Oil product imports in the first seven months were estimated at 6.9 million tonnes, up 41.9% from the same period last year, and the value of product imports rise 8.1% to $2.5 billion .

 

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