Soluble coffee exports from Brazil increased by 29% in April

According to data from the Brazilian Association of the Soluble Coffee Industry (Abics), Brazilian exports of soluble coffee reached the equivalent of 324,265 bags of 60 kg in April, showing growth of 28.7% compared to the 251,994 bags registered in the same month of the last year. The data point to an increase of 42% in the same comparison, with tickets jumping from US$ 42.3 million to the current US$ 60 million. Exports grew around 15% in relation to the same period of the previous year. This increase can be attributed to several factors, including the growing demand for soluble coffee in countries such as China and Japan. Despite the war having reduced shipments of the product to Russia and Ukraine by 77%, Brazilian soluble coffee industries expanded their efforts and business in other nations, highlighting a 2,413% increase in shipments to Mexico , which imported around 17 thousand bags until April; 998.7% to Finland, the third main destination so far; and 721.2% to Ecuador, ...