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Year 2016, Volume: 6 Issue: 4, 1756 - 1759, 01.09.2016

Abstract

Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee

Year 2016, Volume: 6 Issue: 4, 1756 - 1759, 01.09.2016

Abstract

Identifying factors of export price fluctuation in agricultural products is necessary to equip decision makers and producers with bases and tools in forecasting price fluctuation and then suggesting solutions for risk mitigation. This research integrated quantitative and qualitative methods to analyze and measure effects of some major factors on export price of Vietnamese coffee. The data of 34 years from 1981-2014 shows that coffee price have fluctuated with a cycle of 5-year increase and 7-year decrease. The study found major factors of the price fluctuation are exchange rate and export prices of other exporting countries like Brazil and Colombia. Export price of Brazilian coffee made a positive effect on the price of Vietnamese suggesting a competition between two countries in the world coffee market while Colombian coffee occupied its own market share. To promote sustainable growth in exports, Vietnamese coffee needs to maintain stable markets and invest more on branding and product quality to improve its competition capacity.

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Details

Other ID JA88YY57AR
Journal Section Research Article
Authors

To Thi Kim Hong This is me

Publication Date September 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 4

Cite

APA Hong, T. T. K. (2016). Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee. International Journal of Economics and Financial Issues, 6(4), 1756-1759.
AMA Hong TTK. Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee. IJEFI. September 2016;6(4):1756-1759.
Chicago Hong, To Thi Kim. “Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee”. International Journal of Economics and Financial Issues 6, no. 4 (September 2016): 1756-59.
EndNote Hong TTK (September 1, 2016) Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee. International Journal of Economics and Financial Issues 6 4 1756–1759.
IEEE T. T. K. Hong, “Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee”, IJEFI, vol. 6, no. 4, pp. 1756–1759, 2016.
ISNAD Hong, To Thi Kim. “Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee”. International Journal of Economics and Financial Issues 6/4 (September 2016), 1756-1759.
JAMA Hong TTK. Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee. IJEFI. 2016;6:1756–1759.
MLA Hong, To Thi Kim. “Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee”. International Journal of Economics and Financial Issues, vol. 6, no. 4, 2016, pp. 1756-9.
Vancouver Hong TTK. Effects of Exchange Rate and World Prices on Export Price of Vietnamese Coffee. IJEFI. 2016;6(4):1756-9.