From the Newsroom*
São Paulo – Brazilian coffee exports yielded US$ 3.7 billion in the 2006-2007 crop year, which ended in June, a 27.8% increase compared with the 2005-2006 crop year. Shipments totalled 29.2 million 60 kilogram bags of coffee, an increase of 19.1%. The data were disclosed today by the Brazilian Coffee Exporter Council (CeCafé). The average price per bag exported rose from US$ 118 to US$ 126.
In the month of June alone, foreign sales of coffee totalled US$ 275.44 million, an increase of 32.5% over the same month last year. The amount shipped was slightly more than 2 million bags, an increase of 16.9%.
From January until June, 13.5 million bags were exported, 16.2% more than in the first half of 2006, generating revenues of US$ 1.81 billion, an increase of 28.8%. Germany continues to be the main destination for Brazilian coffee, followed by the United States and Italy.
*Translated by Gabriel Pomerancblum