Brazil: Coffee exports from São Paulo reach historic growth and exceed US$ 1 billion

Published 2024년 11월 14일

Tridge summary

Between January and October 2024, São Paulo's agricultural exports experienced a notable 11.2% growth, reaching a total of US$25.77 billion and resulting in a trade surplus of over US$21 billion. This growth was led by a significant 41.4% increase in coffee exports, which surpassed US$1 billion in revenue. Other products such as juices, the sugar and alcohol complex, and forestry products also saw substantial growth. However, the soy complex experienced a 35% drop due to global market fluctuations. The growing demand for coffee, especially specialty coffees, in China has presented new opportunities for producers and companies in São Paulo. The Port of São Sebastião has resumed operations and is set to receive a sustainable shipment of 600 tons of coffee to France, marking a milestone in sustainable coffee transportation.

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

Original content

Between January and October 2024, exports from the agricultural sector in São Paulo grew by a significant 11.2%, totaling US$25.77 billion and generating a surplus of over US$21 billion in the state's trade balance. Among the main products exported, coffee stood out, registering an increase of 41.4% and surpassing the US$1 billion mark in revenue, according to data from the Institute of Agricultural Economics (IEA-Apta), linked to the Secretariat of Agriculture and Supply of São Paulo. Coffee, a traditional product in the state, represented 4.1% of the total exports from São Paulo in the sector. Of the volume exported, 71.7% was green coffee and 24% was instant coffee. "Coffee production in São Paulo plays a historic and fundamental role in the state's economy, generating income and jobs," highlighted Guilherme Piai, Secretary of Agriculture of São Paulo, who attributes the good results to the commitment of local producers to cultivating high-quality beans. In addition to coffee, ...

Source: Portal Do Agronegocio