Brazil’s coffee exports rose to record levels
Brazil’s coffee exports have reached new milestones in recent months, as May data shows. The country exported 4.4 million bags of coffee this month, which not only surpassed the previous month’s record, but also represents a 79.9% increase compared to the same period last year, the ESM retail trade portal reported.
According to the Brazilian Coffee Exporters Council (Cecafé), export earnings reached $1.02 billion in May, an 85.9% increase over last year’s figures. In the first five months of this year, Brazil exported a total of 20.69 million bags of coffee, which is a 52.1% increase compared to the same period last year. The value of exported coffee in this period reached 4.47 billion dollars, which is also a record.
The increase in exports was significantly supported by the exceptional performance of robusta coffee, which performed outstandingly in May with the export of 868,270 bags. Arabica coffee continues to play a dominant role in Brazilian coffee exports, as this variety accounted for 75.7% of the total exported volume in the period between January and May.
Related news
Robust change in the coffee category
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Denmark plans to scrap taxes on coffee, confectionery
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Coca-Cola may sell Costa Coffee chain
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Dr Zoltán Pogátsa on the Hungarian economy: neither the golden age, nor an apocalypse
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Eurozone GDP grew by 0.1 percent in the second quarter compared to the previous quarter
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production decreased by 1.0 percent compared to the same period of the previous year, expanded by 2.0 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >