The Argentine joined third seed Rainer Schuettler, fifth seed Mark Philippoussis and sixth seed Tim Henman as a first round loser.
Dutch eighth seed Sjeng Schalken survived to reach the second round, however, with an untroubled 6-3, 6-1 win over Sargis Sargsian of Armenia.
Top seed Roger Federer is in action later on Tuesday against Marat Safin, whom he beat in the Australian Open final in January.
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Coria took the opening set despite dropping his first service game to love, breaking Youzhny in the third game and once more to lead 3-2.
In the second set, Coria had to fight off two break points to hold for 1-1 before going a break up, but lost five consecutive games after leading 3-1, with Youzhny closing out the set with two aces.
Three early breaks in the final set left Youzhny leading 3-2, but he struggled to close out the match at 5-4. Two double-faults each gave Coria a break point to level at 5-5, but Youzhny survived when Coria sent a backhand wide down the line.