- 04/05/2023 04:59:00
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Exports of all forms of coffee from Asia & Oceania decreased by 15.3% to 2.99 million bags in February 2023 and were down 5.6% to 17.4 million bags in the first five months of coffee year 2022/23. Vietnam and India are the main drivers behind the latest downturn. The former’s exports are down by 25.3% to 1.79 million bags from 2.39 million bags in February 2022, while the latter’s also decreased by 9.5% to 0.49 million bags from 0.54 million bags in the same period.