São Paulo – Brazil exported 3.4 million 60-kg coffee bags in August, a 30.4% hike in comparison to the same month of last year. It’s the largest monthly volume seen since October 2015.
Exports generated USD 470.65 million, up 10% in the same comparison. The product’s average price fell. The data was shown this Wednesday (12) by the Brazilian Coffee Exporters Council (CECAFÉ).
The Arabica coffee accounted for 74.5% of exports, with Robusta coffee coming in second, at 15.8%, and instant coffee in third at 9.6%. CECAFÉ stated that foreign sales of Robusta, or Conilon, rose 1,693% over August of 2017. “The data reinforces the recovery by the variety, which had been impacted by the strong drought in Espírito Santo in 2015/2016,” said the Council in a statement.
“The exports numbers of Brazilian coffee in August presented, as we had predicted, a significant growth, registering one of the largest monthly volumes in the last two years. With the good crop and harvesting almost in the end, the data confirm the great performance of the Arabica coffee as well as the strong recovery of the Conilon coffee,” said CECAFÉ’s president, Nelson Carvalhaes, according to the statement.
Year-to-date
From January to August, the country shipped out 20.5 million bags, up 4.5% over the same period of last year. Exports generated USD 3.1 billion, a decline of 7.5% in the same comparison.
For the Arab countries, Brazil exported 781,027 bags from January to August, a 2% drop over 2017’s first eight months. Revenues with these exports reached USD 117 million, a 13.3% decline.
The United States, Germany, Italy, Japan, Belgium, United Kingdom, Turkey, Russia, Canada and France, in this order, are the major importers of Brazilian coffee.
Translated by Sérgio Kakitani
