Alerts on Vietnam rice exports

Vietnam’s coffee exports in the first 11 months of this year are expected to show a 4.4 percent drop from a year earlier to 1.36 million tonnes, while rice exports will likely post a 0.8 percent increase, government data released on Monday showed.

Coffee exports are estimated to have fallen 4.4 percent in the first 11 months of this year from a year earlier to 1.36 million tonnes, equal to 22.67 million 60-kg bags, the General Statistics Office said in a report on Monday.

Coffee export revenue for Vietnam, the world’s biggest producer of the robusta bean, will likely show a 12.6 percent increase to $2.6 billion in the 11-month period, the report said.

The country’s coffee shipments in November are estimated at 78,000 tonnes valued at $181 million, it said.

Rice exports in the first 11 months of this year from Vietnam were forecast to have risen 0.8 percent from a year earlier to 5.7 million tonnes.

Revenue from rice exports in the period was expected to rise 7.3 percent to $3.04 billion.

November rice exports from Vietnam, one of the world’s largest shippers of the grain, totaled 563,000 tonnes, worth $297 million.

Vietnam’s Jan-Nov crude oil exports were seen falling 31.4 percent from the same period last year to an estimated 3.01 million tonnes.

Crude oil export revenue in January to November is expected to rise 14.9 percent to $1.69 billion.

Oil product imports in the first 11 months of the year were estimated at around nine million tonnes, down 16.6 percent from the same period last year, and the value of product imports were expected to rise 31.2 percent to $4.6 billion.