Brazil exports 4.662 million bags of coffee in November, says Cecafé

Published 2024년 12월 10일

Tridge summary

Brazil's coffee exports in November increased by 5.4% to 4.662 million bags, generating revenue of US$ 1.343 billion, a 62.7% increase from the same month in 2023. From January to November 2024, Brazil's coffee exports hit records for both volume and revenue, with a 3.78% increase to 46.399 million bags and a 32.2% increase to US$ 11.302 billion, respectively, compared to the previous year. The United States and Germany were the leading importers of Brazilian coffee. However, logistical issues have led to delays and changes in export ships, resulting in 1.717 million bags not shipped by October, which could have brought in US$ 489.72 million in revenue. Cecafé reported a "port loss" of R$ 7 million in October due to logistical obstacles in Brazilian ports, with total losses reaching R$ 30.4 million for 2024.

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Original content

Brazil exported 4.662 million bags of coffee in November, a volume 5.4% higher than that recorded in the same month of 2023. Revenue from shipments last month was US$ 1.343 billion, or 62.7% more on the same comparative basis. The information was released this Monday (9), by the Brazilian Coffee Exporters Council (Cecafé), in a note. In the year to date, from January to November, Brazilian coffee exports broke records, both in volume and revenue. Up to the 11th month of 2024, 46.399 million bags were exported, or 3.78% above the previous record, in 2020, when, in 12 months, the country had shipped 44.707 million bags abroad. Compared to the same period in 2023, the increase was 32.2%. In terms of revenue, there was also a record until November, with US$ 11.302 billion, an increase of 22.3% compared to the whole of 2022, when Brazil had earned US$ 9.244 billion. Compared to January to November last year, growth was 56%, said Cecafé, in a note. The council also released the figures ...

Source: CanalRural