Laos outpaces Vietnam to become the largest provider of coffee to Thailand
ITC statistics show Vietnam exported 1,360 tonnes of coffee worth US$7.43 million to Thailand in the first two months of the year, representing a 64.7% decrease in volume and a 35.6% decline in value year on year. Consequently, its share of Thailand’s coffee imports dropped from 54.54% to 24.29%.
Laos emerged as Thailand’s top supplier in this period, exporting 3,460 tonnes worth US$13.4 million, up 16.2% in volume and 48.5% in value. Its market share in Thailand’s coffee imports rose dramatically from 42.2% to 61.7%.
Overall, Thailand imported 5,600 tonnes of coffee worth US$27.1 million in two months, a 20.5% decrease in volume but a 12.6% increase in value.
Thailand also increased its coffee imports from other countries, including Indonesia, Malaysia, and Brazil, during the reviewed period, further intensifying competition in the market.
