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Vietnam Jan-Feb coffee exports up 3.4% y/y, rice up 38.6%

HANOI, Feb 28 (Reuters) - Vietnam's coffee exports in the first two months of the year likely rose 3.4% from a year earlier to 293,000 tonnes, while rice exports are estimated to have increased 38.6% to 906,000 tonnes, government data on Monday showed.


Vietnam's coffee exports for the first two months are estimated to equal 4.8 million 60-kg bags, the General Statistics Office (GSO) said.

Coffee export revenue for Vietnam, the world's biggest producer of the robusta bean, was likely up 35.6% to $674 million for the two-month period.

Coffee shipments in February are estimated at 130,000 tonnes, valued at $304 million.


January-February rice exports are estimated to have risen 38.6% from a year earlier to 906,000 tonnes. Revenue from rice exports in the period is seen up 22.3% at $437 million.

February rice exports from Vietnam likely totalled 400,000 tonnes, worth $191 million.


Vietnam's January-February crude oil exports were seen down 9.5% from the same period last year at 453,000 tonnes. Crude oil export revenue in the period is estimated to have risen 41.3% from a year earlier to $320 million.

Oil product imports in the two months were estimated at 555,000 tonnes, down 55.9% from the same period last year, while the value of product imports decreased 24.4% to $394 million.

The GSO trade data is subject to revision next month. (Reporting by Phuong Nguyen Editing by Ed Davies)

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