Tight global supply and recovering demand from major markets have driven Vietnam’s coffee exports to nearly USD 6 billion in the first seven months of 2025  -  the highest level in history.

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Farmers in the Central Highlands prepare for a new coffee harvest season. Photo: Nguyen Hue

Customs data shows export volume rose just 7.4% year-on-year to 1.06 million tonnes, but value surged 64.9%. The average export price reached USD 5,672.2 per tonne, up 53.4% from the same period in 2024. Coffee trade surplus hit USD 5.78 billion, an increase of 66%.

The Ministry of Agriculture and Environment attributed the milestone to soaring global coffee prices amid supply shortages and strong demand recovery in key markets including the EU, the US, Japan, South Korea, and China. Vietnamese companies have also invested heavily in processing technology, traceability, and leveraging free trade agreements to raise added value and expand market reach.

Germany, Italy, and Spain remain the top buyers. Germany imported nearly 159,000 tonnes worth USD 871 million, up 103.5% in value. Exports to Italy reached USD 450 million and to Spain USD 444 million, up 52% and 62.6% respectively. Notably, exports to Mexico skyrocketed to USD 172 million, nearly 91 times higher than the USD 1.9 million recorded in the same period last year.

Le Duc Huy, Chairman of Simexco Daklak, said export earnings have surpassed the full-year 2024 figure thanks to contracts signed late last year, when global prices hit historic highs due to output deficits and rising demand. He added that Vietnam’s robusta quality has improved significantly over the past decade, making it the first choice for global roasters and fetching higher prices than competitors. Specialty and processed coffee products have also contributed to the export value surge.

With current momentum, Huy forecasts coffee exports in the 2024-2025 crop year (October 2024 - September 2025) could reach nearly USD 8 billion. However, domestic prices remain volatile, sometimes dipping below USD 4 per kg due to increased supply from Brazil and Indonesia.

Despite pressure from new US countervailing tax policies, the Import-Export Department under the Ministry of Industry and Trade expects exports to maintain growth in the remaining months thanks to improved supply and continued strong global demand.

According to the US Department of Agriculture, global coffee output in the 2025/26 season is projected to reach a record 178.7 million bags (60kg each), with Vietnam’s output forecast at 1.85 million tonnes  -  the highest in four years. Global consumption is also set to hit a record 169.4 million bags.

Tam An