According to the International Trade Commission, Thailand’s coffee imports in the first nine months of 2020 reached 48.1 thousand tons, worth $96.4 million, up 33% in volume and 23.7% in value. compared to the same period in 2019.
In the first 9 months of 2020, Thailand boosted coffee imports from most of the main markets, including Vietnam.
Specifically, Vietnamese coffee imported into Thailand in the first 9 months of the year reached 41.8 thousand tons, worth 67.42 million USD, up 31% in volume and 23% in value over the same period in 2019. With the above data, Vietnamese coffee accounts for 86.8% of Thailand’s total coffee imports.
Vietnam’s coffee market share in Thailand is far behind that of the next largest suppliers such as Indonesia (4.3%), Malaysia (4%), Laos (3.5%)… Or maybe said that Vietnamese coffee is flooding the Thai market.
In the first 9 months of 2020, Thailand increased imports of all types of coffee. In which, imports of unroasted, unroasted Arabica or Robusta coffee accounted for 94.7% of the total volume, up 33.4% in volume and 24% in value over the same period in 2019. reached 45.6 thousand tons, worth 76.17 million USD.