The first 296 tons of coffee exported to EU after the Free Trade Agreement
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In 16 September morning, the Ministry of Agriculture and Rural Development in collaboration with Gia Lai Provincial People's Committee held a ceremony to export 296 tons of coffee to the European market under the European-Vietnam Free Trade Agreement (EVFTA).
In the ceremony, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh said that coffee is one of the 13 key agricultural products of Vietnam which have high competitive advantage, especially in the Central Highlands of Viet Nam. The coffee industry makes up 3% of the country's GDP, creating jobs and stable income for over 600,000 farming households and contributing to socio-economic development, poverty reduction in the Central Highlands and other regions cultivating coffee.
For many years, Vietnam has always ranked as the 2nd largest coffee exporter in the world and also the biggest Robusta coffee exporter with export turnover of over 3 billion USD / year (accounting for 17.4 % in volume and 9.5% of world coffee export value).
Vietnamese coffee presents in more than 80 countries and regions. The EU is the largest market of Vietnamese coffee, which makes up 40% of the total volume and 38% of the total export turnover of the country (average coffee export value to the EU is 1.2 -1.4). billion USD / year in the past 5 years).
"The proportion of coffee that is certified for sustainable cultivation has increased to 60% of the total cultivated area. Meanwhile, the processed coffee increased from 5% in 2015 to 15% in 2020" - Deputy Minister of Agriculture and Rural Development Le Quoc Doanh shared.
In order to enter the European market under the EVFTA Agreement, coffee products must ensure that there is no pesticide residue and it must be compliant with strict regulations of this fastidious market.
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