Brazil: Espírito Santo coffee exports to the European Union reach record growth

Exports from the Espírito Santo coffee complex to the European Union recorded extraordinary growth in 2024, with the volume exported jumping from 316.6 thousand bags to 2.3 million bags, an increase almost eight times greater than the previous year. Of this total, 2.25 million bags were raw coffee beans and 59.3 thousand bags were soluble coffee. This performance represented the largest export volume to the European bloc in the historical series, even considering comparisons with complete years. In percentage terms, the European Union's share of Espírito Santo's coffee exports jumped from 15.6% in the first seven months of 2023 to 42.7% in the same period of 2024. This increase reflects the growing European demand for coffee produced in the state. The value of foreign exchange generated by coffee exports to Europe also saw a significant jump, rising from US$57.9 million in 2023 to US$442.7 million in 2024, representing an increase of US$384.8 million. These figures demonstrate the ...