Vietnam`s Jan-Sept coffee exports down, rice up – Reuters News

HANOI, Sept 29 (Reuters) – Vietnam`s coffee exports in the first nine months are expected to fall an estimated 20.5 percent on a year earlier, while rice shipments are set to rise 21.7 percent from the same period in 2016.

COFFEE
Coffee exports from Vietnam will drop an estimated 20.5 percent in January-September from the same time last year to 1.12 million tonnes (18.7 million 60-kg bags), the General Statistics Office said in a report on Friday.
Exports revenue was estimated to rise 1.3 percent annually to $2.55 billion, the report said.
September shipments of beans in Vietnam, the world`s largest robusta producer, are estimated at 90,000 tonnes, lower than August`s exports of 95,000 tonnes, the report said.

RICE
Nine-month rice exports from the world`s third-largest shipper of the grain were forecast to rise 21.7 percent to 4.61 million tonnes. Revenue from the January-September rice exports was seen rising 19.5 percent year-on-year to $2.03 billion.
Vietnam would ship an estimated 500,000 tonnes of rice in September, compared to 658,000 tonnes in August, the report said.

ENERGY
Vietnam`s January-September crude oil exports rose 9.7 percent year-on-year to an estimated 5.69 million tonnes, or 153,000 barrels per day (bpd).
Crude oil export revenue in the nine-month period rose 33.4 percent to $2.27 billion.
Oil product imports increased 11.4 percent to an estimated 9.73 million tonnes, while the value of imports jumped 42 percent to $5.11 billion.
Vietnam`s liquefied petroleum gas imports during the period increased 18.6 percent from a year earlier to 1.07 million tonnes.

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