The Import-Export Department ( Ministry of Industry and Trade ) quoted statistics from the General Department of Customs as saying that, in September 2022, Vietnam's coffee exports to Spain reached 5.24,000 tons, worth 13.1 million USD, down 14.4% in volume and 7.1% in value compared to August 2022, up 11.5% in volume and 37.4% in value compared to September 2021.

Generally, in the first nine months of 2022, Vietnam's coffee exports to Spain reached 71.7 thousand tons, worth USD 160.81 million, up 40.4% in volume and 63.4% in value. compared to the same period in 2021.

Coffee exports to Spain grew by double digits

In September 2022, the average export price of Vietnam's coffee to Spain reached $2,496/ton, up 8.6% compared to August 2022 and 16.9% higher than September 2021. In the first nine months of 2022, the average export price of Vietnamese coffee to Spain reached $2,245 per ton, up 16.7% over the same period in 2021.

Spain increased its coffee imports from most of its domestic and foreign sources, with the exception of Indonesia and the Netherlands. Spain's average import price of coffee increased from most of the external sources, but decreased from the intra-regional supply.

According to Eurostat, Spain's coffee imports from outside the EU in the first seven months of 2022 reached 165.73 thousand tons, worth 524.1 million euros, up 17.4% in volume and up 100.8. % in value. In which, Vietnam is the largest foreign supplier to Spain, with an import volume of 67.2 thousand tons, worth EUR 152 million, up 18.3% in volume and 79.3% in value.

Vietnam's coffee market share accounted for 30.14% of Spain's total imports in the first 7 months of 2022, lower than the 30.46% market share in the first 7 months of 2021.

According to the survey, 87% of the Spanish population between the ages of 18 and 64 drink coffee and 70% drink coffee daily. The average is 2.2 cups/day and the preferred place is at home (61%), followed by a bar or restaurant (26%) and the workplace (21%).

Coffee capsules have become the coffee of choice for Spaniards. Information from https://www.statista.com shows that Spain's coffee segment is expected to grow by 6.84% between 2022 and 2025.

In general, the Spanish coffee market still has a lot of room for development. This is a huge opportunity for Vietnamese coffee in this market.

In order to promote sustainable export of agricultural commodities in general and coffee in particular to the Spanish market, at the "Online conference on trade promotion with the overseas Vietnamese trading system in September/September/ 2022", the Vietnam Trade Office in Spain said that localities and industry associations should propose and coordinate with the Trade Office to organize live and online events to introduce business cooperation opportunities. potential business for local businesses and industry associations of the two countries in the implementation of the EU-Vietnam Free Trade Agreement (EVFTA ).

At the same time, strengthen the organization of business delegations with the composition of importers, distributors and large supermarkets of Vietnam to work to connect and exchange goods directly bilaterally with partners in Vietnam. local area.

Localities and associations provide the Trade Office with a list of businesses as well as an introduction to export products with their respective strengths so that the Trade Office has a database to support regular trade connections in Vietnam. trade promotion events - investment in the coming time.

As for manufacturing and exporting enterprises, it is necessary to strengthen the maintenance of the quality and brand of Vietnamese export goods in the Spanish market.

The Vietnam Trade Office in Spain noted that in fact, from the beginning of 2022 to the present, the Vietnam Trade Office in Spain has received a written notice from the Spanish Ministry of Health about the detection of at least 8 cases. consignments of agricultural products of Vietnamese enterprises with pathogenic substances or banned substances exceeding the current permitted levels of the EU, including: coffee, pepper sauce, dried mango, coconut fruit, lychee, cashew nuts, rice , curry powder and instant noodles. Therefore, your side has applied measures to strengthen control with subsequent shipments right at the port of destination.

The Vietnam Trade Office in Spain recommended that the relevant ministries and branches of Vietnam should direct and coordinate with the Trade Office to promote the organization of the first meeting of the Intergovernmental Committee on economy and trade. and investment in order to review, evaluate and jointly find solutions to clear trade barriers…