HANOI, Aug. 23 (Xinhua) -- Vietnam is estimated to export some 1.7 million tons of coffee in 2015-2016 crop year, up 41 percent year-on-year, hitting a record high in export volume, according to Vietnam Coffee-Cacao Association (Vicofa) on Tuesday.
The country is expected to earn around 3.1 billion U.S. dollars from coffee exports during the crop year, up 19.2 percent year-on-year, local Vietnam Economic Times quoted the Vicofa as saying.
Including at least 102,000 tons of coffee domestically consumed, Vietnam's total coffee consumption in 2015-2016 crop year will hit a new record of over 1.8 million tons, said the association.
In the past, Vietnam had set a record of 3.4 billion U.S. dollars in coffee export revenue in 2013-2014 crop year as shipping 1.66 million tons of the item to world market.
The figures went down in 2014-2015 crop year with around 1.2 million tons of coffee worth 2.6 billion U.S. dollars, said Vicofa.
