São Paulo – Revenues from Brazilian coffee exports reached US$ 606.15 million in February, an increase of 70.5% compared with the same month of 2010, according to data disclosed this Thursday (10th) by the Brazilian Coffee Exporter Council (Cecafé).
A total of 2.664 million bags were shipped, a 17.6% increase using the same basis of comparison. According to a statement issued by the Cecafé, the chairman of the organization, Guilherme Braga, has stated that the figures confirm “a trend of growth in export revenues this year, as the international coffee market continues to boast steady, moderately rising prices.”
Also according to the Cecafé, coffee of the Arabica variety accounted for 89% of shipments, soluble coffee accounted for 9%, and Robusta coffee for 2%. The top target markets were Germany, the United States, Italy, Belgium and Japan.
In the first two months of the year, revenues from foreign sales went up by 62%.
*Translated by Gabriel Pomerancblum
