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Typhoons spare coffee

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Vietnam

According to reports, recent typhoons that lashed Vietnam causing widespread damage to property and crops mostly spared the coffee industry.

Despite reports of some drying coffee being spoiled by the rains, an official in the Central Highlands province of Dak Lak quoted in the local media said that the coffee industry had not been much affected.

Vietnam’s General Statistics Office (GSO) announced that that September’s coffee exports reached 48,000 tons, up from an earlier estimate of 45,000 tons. "Exports in October may reach 60,000 tons, bringing year-to-date shipments to 948,000 tons, 17% ahead of the figure through October 2008," according to the GSO. However, the value of the exports through October declined 17% to US$1.4 billion

 

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Quarter 4, 2011


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