Always occupying the top position, Vietnam's coffee exports to Algeria achieved nearly doubled in the first 2 months of 2014.
Data from Vietnam Customs shows that, compared to the same period last year, Vietnam's coffee exports to the Algeria market in the first 2 months of 2014 reached US $ 23.2 million, up 93.3%, accounting for 52.4% In total export turnover. In particular, in February 2014, 2014 reached 12.6 million USD, up to 404%.
As a country located in North Africa, with a population of about 35 million people, GDP per capita reaches 7,400 USD, economic structure 8.3% is agriculture, 61.5% industry, 30.2% of services , Algeria is considered a potential market for agricultural products. Every year the country imports about US $ 37 billion, focusing on food and consumption groups.
Vietnam's export structure to this market is mainly coffee, rice and phones - components. In particular, coffee is always the leading item. In 2012, Vietnam exported coffee to Algeria reached US $ 59 million, up 14.8%; In 2013 reached 57.3 million USD, down slightly 2.9%.
Estimated in the first quarter of 2014, Vietnam's coffee export turnover to Algeria reached about 34.8 million USD, up 126%.
Tran Ngoc Ha
Source: http://www.ttnn.com.vn/
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