Brazil hits new record in coffee exports

Published 2024년 12월 12일

Tridge summary

Brazil has achieved a new record in coffee exports, shipping out 46.3 million bags in November, a 5.4% year-over-year increase, for a total of 46.399 billion bags so far in 2024, a 3.78% increase from 2020. The revenue from these exports in November reached US$ 1.343 billion, a 62.7% increase from November 2023, and a 22.3% increase from the same period in 2023. The United States was the leading recipient of these exports, followed by Germany, Belgium, Italy, and Japan. Arabica coffee was the most exported type, with over 33.97 million bags, marking a 23.2% increase from the same period last year. High-quality and sustainably certified coffees made up 17.5% of the exports, with 8.112 million bags shipped.

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Original content

South America's largest country exported an all-time high amount of 46.3 million bags of coffee last month, Agencia Brasil reported citing data from the Brazilian Coffee Exporters Council (Cecafé) made available this week. These results represent a 5.4% yoy improvement from 4.42 million. So far this year, Brazil has sold some 46.399 billion bags, 3.78% more than in all of 2020, the highest volume recorded so far. Cecafé also said that November's sales yielded US$ 1.343 billion in revenues, or 62.7% more than the US$ 825.7 million collected in the same month of 2023. When comparing sales from January to November this year (US$ 11.30 billion) to the same period in 2023 (US$ 9.24 billion), the result is a 22.3% increase. In the first 11 months of 2024, the United States remained the top destination for Brazil's coffee shipments (16% or 7.419 million bags) followed by Germany (7.228 million), Belgium (4.070 million), Italy (3.702 million), and Japan (2.053 million). The type of coffee ...

Source: MercoPress