Cecafé reported that, over the last nine years, the country increased its exports by an average of 3.8% a year. In Brazil’s largest coffee cooperative, Cooxupé, the volume exported in 2020 has surpassed whole-year exports in 2019.
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Last month saw 3.8 million bags shipped from Brazil, up 8.6% from September 2019. Sales to the Arab countries were up 6.9% year-to-date through September.
In the last ten years, the emirate Dubai’s foreign trade in coffee generated AED 3.5 billion (USD 1 billion). Brazil is a major supplier.
Juliana Ganan quit working at the Interamerican Development Bank (IDB) to devote herself to her first business venture. Coffee roasting microbusiness A Tocaya is set in Itajubá, Minas Gerais, where her Lebanese family settled in Brazil.
Athletes can submit information from races completed anywhere to the event’s organizers. Participation medals will be made available and registration is open until November 12. The Arab Brazilian Chamber is being honored in this year’s edition.
Year-to-date through August, Arab countries purchased 1.17 million bags of coffee from Brazil, up 2.8% year-on-year. Export revenues, however, slid by 8%.
Brazilian exports were down by 9.6% in August, while agribusiness sales climbed by 9%.
Brazilian businesswoman Maria Eduarda Becker has made her career in Dubai, where she founded Três Marias Coffee and partnered up with trading company Ally Coffee in the MENA region. Innovating during the pandemic, she launched an instant coffee made from specialty beans, a pioneer product in the Middle East.
Last month saw 3 million bags of coffee shipped from Brazil, the next-to-highest amount since record-taking began.
The 2019/2020 crop-year saw sales from Brazil to Arab nations slide. Total exports had second best result on record.
The administration convened this week to outline actions intended to keep exchange rate fluctuations in check and protect purchasing power.
Different regions of Brazil are investing in specialty product to offset higher costs stemming from worker protection during harvesting. However, the industry is unsure about sales of higher value-added product, with cafés closed for over three months now.
Revenue from foreign sales was up 5.2% year-on-year, although shipped volume went down.
Brazilian sector stood out amid the economic rebound and during the COVID-19 crisis. Valued exchange and export capacity make Brazilian agribusiness companies more attractive for foreign investors.
