Vietnam’s coffee exports forecast to drop due to lower yields

Vietnam’s coffee exports in the first 11 months of 2023 decreased by nearly 13% over the same period in 2022. — AFP

HO CHI MINH CITY: Vietnam’s coffee export volume in the 2023-2024 season is likely to be lower than a year earlier due to a drop in output, trade officials say

The Vietnam Nam Coffee and Cocoa Association also said there was no held-over stock, rising local demand, and that export prices would remain high.