HS Code:
The category 'Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion' (HS Code: 0901) encompasses a range of coffee products, including green coffee beans, roasted coffee, decaffeinated coffee, and coffee substitutes. Coffee is one of the most traded agricultural commodities globally, with significant cultural and economic importance. It is primarily grown in tropical regions and consumed worldwide, with major demand in North America, Europe, and increasingly in Asia. The trade includes raw coffee beans (unroasted) for processing as well as finished products like roasted or instant coffee.
Total Trade Volume
USD 36.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 8.5 billion
23.5% of total trade of total trade
Increasing
USD 5.1 billion
14.1% of total trade of total trade
Increasing
USD 3.9 billion
10.8% of total trade of total trade
Stable
USD 3.2 billion
8.8% of total trade of total trade
Increasing
USD 2.8 billion
7.7% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
12% (applied by certain countries on processed coffee products)
Lowest Rate
0% (under free trade agreements like EU-ACP or USMCA)
Rising demand for specialty and organic coffee
Increased focus on sustainable farming practices and premium pricing for certified products, benefiting smallholder farmers in producing countries.
2021-2023
Growth in coffee consumption in Asia-Pacific
Emerging markets like China and India are driving new demand, diversifying export destinations for major producers.
2020-2023
Climate change impacting production
Shifting growing regions and reduced yields in traditional coffee belts due to changing weather patterns, prompting innovation in resilient crop varieties.
2019-2023
Brazil reported a record coffee harvest in 2022, driven by favorable weather conditions and technological advancements in farming.
October 2022
Increased global supply, leading to temporary price drops but also intensifying competition for other exporters.
The EU introduced regulations requiring coffee imports to be deforestation-free, with compliance deadlines starting in 2024.
June 2023
Potential trade barriers for non-compliant producers, pushing for sustainable practices but increasing costs for exporters.
Vietnam invested in domestic coffee processing facilities to export more value-added products like roasted and instant coffee.
March 2023
Shift from raw bean exports to higher-value products, enhancing Vietnam's position in the global market.