Brazil records a 22% increase in coffee exports in October

Published 2023년 11월 13일

Tridge summary

Brazilian coffee exports in October reached 4.356 million 60 kg bags, resulting in US$847.2 million in foreign exchange revenue. While there was a 21.8% increase in volume compared to the same month in 2022, there was a slight decrease of 2.5% in values. Conilon and robusta coffees had a significant growth of 479.5% compared to October 2022, with important producers of these varieties experiencing harvest problems.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian coffee exports totaled 4.356 million 60 kg bags in October, generating foreign exchange revenue of US$847.2 million. The performance implies an increase of 21.8% in volume, but a slight decrease of 2.5% in values compared to the same month in 2022. The data is part of the monthly statistical report from the Brazilian Coffee Exporters Council (Cecafé) . According to Márcio Ferreira, president of the entity, the performance was "quite positive", which made last month the second best October in the last five years. The most significant highlight occurred in conilon and robusta coffees, which, with 662 thousand bags sent abroad, had their second best performance for a single month in history and grew 479.5% compared to October 2022. "Problems in the harvests of important producers of this variety have been directing buyers to our canephoras, which remain very competitive in the global market. Vietnam and Indonesia themselves are seeking our coffees, with exports to these ...
Source: Cafepoint

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