The Covid-19 pandemic continues to cause exports to stagnate. Coffee growers in the Central Highlands are experiencing many hardships.

At this time, coffee farmers in Binh Phuoc, Dong Nai and Dak Nong provinces are entering harvest season. 

Vietnam is one of the biggest coffee and pepper exporters in the world, but the money it earns is modest.

Vietnam’s coffee export price has dropped to a 10-year low and is continuing to slide. Analysts believe the price won’t go up in the last months of the year as supply is increasing.

Vietnam, the second biggest coffee exporter in the world, is experiencing tough days as the export volume has fallen and export prices are among the lowest in the world.

VietNamNet Bridge - The domestic coffee price has dropped to the low level of VND33 million from the peak of VND53 million in 2011.

More than 500,000 farmers and workers in the coffee industry, which exports several billion of dollars worth of products each year, are concerned about contributions amid price fluctuations.

VietNamNet Bridge - Coffee exporters have been told to exploit the home market as the export price is on the decrease. 

VietNamNet Bridge - Since Vietnam mostly exports raw coffee instead of processed products, the sharp coffee price fall in the world market has had immediate impact on its exporters and growers.

VietNamNet Bridge - The Ministry of Agriculture and Rural Development (MARD) said it is considering cooperating with the world’s coffee metropolises to halt the drop in coffee prices, because “inner strength” alone will not help.

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