Brazilian coffees export the equivalent of 3.6 million 60kg bags in February 2024
Coffee Drinks
Market & Price Trends
Published Mar 13, 2024
Tridge summary
Brazil's coffee exports in February 2024 surged by 49% year-on-year to 3.6 million 60kg bags, with Arabica coffee making up 77.4% of the total volume. The sales generated a foreign exchange revenue of US$757.3 million, up 47.2% from February 2023. The combined export volume for January and February 2024 was 7.65 million bags, a 44.9% increase from the same period in 2023, yielding a foreign exchange revenue of US$ 1.57 billion.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Brazilian Coffee exports in February 2024 were equivalent to 3.6 million 60kg bags, a volume that represents a significant increase of 49% compared to February 2023. Exports of Arabica coffee (Coffea arabica ) was responsible for 77.4% of the total volume, reaching 2.8 million bags. And the species Coffea canephora (conilon and robusta coffee), with 570.3 thousand bags, reached a 15.8% share, while soluble coffee represented 6.8% of the total, with 247 thousand bags exported. The foreign exchange revenue generated from the sales of Cafés do Brasil in February 2024 was US$757.3 million, an increase of 47.2% compared to the same month last year. The average price of a bag was U$208.85, 1.1% lower than that practiced in February 2023. In relation to the sum of Brazilian Coffee exports in the months of January and February this year, the total volume reached the equivalent of 7.65 million bags, a volume that represented an increase of 44.9%, compared to the same period 2023. Foreign ...
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