VN's coffee market share in Belgium surges over 20%

March 22, 2024

HÀ NỘI — The market share of Việt Nam's coffee in Belgium has grown by over 20 per cent, according to the Ministry of Industry and Trade. Based on calculations, Belgium imported approximately 288,510 tonnes of coffee from non-EU markets in 2023, with a total value of nearly 1.12 billion euros (equivalent to US$1.22 billion). The average import price of coffee from non-EU markets in 2023 was 3,876 euros per tonne, showing a 5.6 per cent decrease from 2022. In terms of supply sources, Belgium primarily imported coffee from non-EU markets such as Brazil, Việt Nam, Honduras, Colombia and Peru in 2023. According to data from the Việt Nam's General Department of Customs, Việt Nam's coffee exports reached around 398,820 tonnes in the first two months of 2024, valued at $1.25 billion.

The source of this news is from Vietnam News

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