Agriculture & Food

According to Huacheng Import and Export Data Observation, a survey conducted in the Spanish market showed that 87% of the population aged 18-64 in the country drank coffee and 70% of the population drank coffee every day. In addition, the coffee segment in the Spanish market will grow by 6.84% from 2022 to 2025. Therefore, the Vietnamese Commercial Office in Spain believes that the potential for enterprises to export coffee products to this potential market is still huge.

In order to promote the sustainable development of the export of coffee and even agricultural products to the Spanish market, the Commerce Department believes that local and industry associations need to cooperate with the Commerce Department to hold online and offline symposiums to promote potential cooperation opportunities in the implementation of the Vietnam EU Free Trade Agreement to local enterprises and industry associations of the two countries. Huacheng Import and Export Data Observation Report.

In addition, according to Huacheng's import and export data observation report, a delegation including Vietnamese importers, distributors and supermarket representatives needs to be organized to Spain for docking and direct trade exchanges with various places and partners in the country. All localities and associations provide the Commerce Department with information about enterprises and their advantageous export products, so that the Commerce Department can effectively carry out trade promotion activities in various investment and trade promotion activities.

The Commerce Department also requires all production and export enterprises to pay attention to product quality and export product brands. In addition, the Commerce Department also suggested that relevant Vietnamese departments cooperate with the Commerce Department to promote the holding of the first meeting of the bilateral intergovernmental economic, trade and investment cooperation committee. In the first nine months of this year, Vietnam's coffee exports to Spain reached 71700 tons and more than 160 million US dollars, up 40.4% and 63.4% year on year respectively.

In the first nine months of this year, Vietnam's coffee exports to Spain reached 71700 tons and more than 160 million US dollars, up 40.4% and 63.4% year on year respectively.

According to the statistics of the General Administration of Customs, in September this year, Vietnam's coffee exports to Spain were 524000 tons and 13.1 million US dollars, down 14.4% and 7.1% month on month respectively. However, compared with September 2021, coffee export volume and export volume increased by 11.5% and 37.4% respectively.

According to the Import and Export Bureau, in September, the export price of Vietnamese coffee to Spain was US $2496 per ton, up 8.6% month on month and 16.9% year on year. In the first nine months, the average export price of coffee was $2245 per ton, up 16.9% year on year.

According to statistics, in the first seven months of this year, Spain imported 165700 tons of coffee from outside the EU, with an import volume of more than 524 million euros, up 17.4% and 100.8% respectively. Vietnam is Spain's largest source of supply outside the EU, with an import volume of 67200 tons and an import volume of 152 million dollars, up 18.3% and 79.3% respectively. Huacheng's import and export data observation reports.

In particular, Vietnam's coffee market share accounted for 30.14% of Spain's total coffee imports in the first seven months of this year, lower than 30.46% in the same period of 2021. Huacheng Import and Export Data Observation Report.