Brazil's coffee exports reached a record high in November 2020

Published 2020년 12월 10일

Tridge summary

In November 2020, Brazil achieved a record high monthly export of 4.3 million bags of coffee, an increase of 32.2% compared to the same period in 2019, marking the third consecutive month of record coffee sales. The total coffee export turnover for November was 541.9 million USD, up 32.3% from the previous year. From the beginning of the year, Brazil's coffee exports were valued at 5.03 billion USD, a 6.7% increase compared to the first 11 months of 2019. The US continues to be the largest consumer of Brazilian coffee, accounting for 18.2% of total exports. Cecafe predicts that Brazil's coffee production will reach 61.6 million bags this year, marking the second highest production in the country's history.

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

Original content

On December 9, the Brazilian Coffee Exporters Association (Cecafe) said that in November 2020, the country exported 4.3 million bags of coffee (type 60 kg / bag), up 32.2%, soy sauce equivalent to 1.1 million bags, compared with the same period last year. This is a record high monthly export of Brazil, and is also the third consecutive month this world largest coffee producer has achieved a record of coffee sales abroad. According to Cecafe, Brazil's total coffee export turnover in November 2020 reached 541.9 million USD, up 32.3% over the same period in 2019. Since the beginning of the year, Brazil has exported coffee. worth US $ 5.03 billion, up 6.7% compared to the first 11 months of 2019. President Cecafe Nelson Carvalhaes said that the positive figures in both volume and value of exports in the past month once again confirmed assessing the efficiency of the entire Brazilian coffee production and trading chain, thereby showing that coffee producers and suppliers in the largest ...

Source: Vinanet