Vietnam September exports down 0.7% m/m at US$27.03 billion; its coffee exports also down by 10.2%

HANOI, Oct 17 (Reuters): Vietnam's exports in September fell 0.7% from August to US$27.03 billion, according to the government's customs data.

The country's imports fell 2.5% in the month to $26.67 billion, the Customs Department said in a statement, translating into a trade surplus of $360 million.

For the first nine months of this year, Vietnam's exports rose 18.8% from a year earlier to $240.63 billion, while imports were up 30.8% to $243.18 billion, resulting in a trade deficit of US$2.55 billion.

Meanwhile, Vietnam's coffee exports in September were also down 10.2% from August at 100,340 tonnes, while rice exports in the same period rose 19% on the preceding month, government customs data showed.

For the first nine months of 2021, Vietnam exported 1.18 million tonnes of coffee, down 5.4% from a year earlier, Vietnam Customs said in a statement.

Coffee export revenue in the Jan-Sept period rose 3.4% to around $2.2 billion, it said.

Meanwhile, Vietnam's rice exports in September were up 19% from the previous month at 593,624 tonnes, the statement said.

The country's rice exports in the first nine months fell 8.3% year on year to nearly 4.57 million tonnes, it said. - Reuters