Datawatch: Vietnam is the world second-largest coffee producer
Coffee production in Vietnam doubled in the last 10 years making the country the world’s second-largest producer after Brazil. With over 27 million 60-kg bags produced annually, Vietnam accounts for 20 per cent of world coffee output, up from 5 per cent just twenty years ago.
Vietnam specialises in Robusta coffee, of which the country is the world’s leading producer. Brazilian output of Robusta – second largest – is only about half that of Vietnam. Indonesia was the leading Robusta producer in the 1990s, but it is now a minor player compared with Vietnam.
Brazil dominates the softer Arabica coffee market, responsible for 44 per cent of global production. With 38 million bags produced yearly, Brazil has no real competitor. Its production is about three times higher than that of the second producer – Colombia- and has grown nearly 50 per cent in the last 10 years.
Italy, the US and Germany are the main coffee export markets for both Brazil and Vietnam, but the latter has also a significant presence in China – its fifth largest market. Coffee consumption in China is still small, tea being preferred to coffee, but it’s rising. The potential for Vietnamese coffee production are huge.
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