Brazil's coffee exports hit record 46.4 million bags this year

Published 2024년 12월 9일

Tridge summary

Brazil's coffee exports hit a record high in November, with a 5.4% increase to 4.662 million 60 kg bags, generating a revenue of US$ 1.343 billion, a 62.7% increase from the same month in 2023. The first five months of the 2024/25 crop year saw a 16.5% increase in shipments, with a total of 22.017 million bags and revenue of US$ 5.955 billion. However, the lack of infrastructure at Brazilian ports has led to additional costs for exporters. The United States, Germany, Belgium, Italy, and Japan were the main importers of Brazilian coffee in 2024, with the European Union accounting for 47.7% of shipments.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the monthly statistical report of the Brazilian Coffee Exporters Council (Cecafé), the country exported 4.662 million 60 kg bags of the product in November, which implies an increase of 5.4% compared to the 4.422 million bags shipped in the same month of 2023. In foreign exchange revenue, growth is 62.7%, with inflows jumping from US$ 825.7 million to the current US$ 1.343 billion in the same comparative period. In the first five months of the 2024/25 crop year, Brazil's coffee shipments abroad rose to 22.017 million bags and generated US$ 5.955 billion, representing increases of 16.5% and 61.4%, respectively, compared to the performance recorded between July and the end of November 2023. CIVIL YEAR With December still to go until the end of 2024, Brazilian coffee exports have already reached an annual record of 46.399 million bags, surpassing by 3.78% the highest volume recorded so far, in the 12 months of 2020 (44.707 million bags). Compared to the performance from ...

Source: NoticiasAgricolas