Brazil: Unroasted coffee exports generate US$1.042 billion in November 2024

Published 2024년 11월 26일

Tridge summary

The article highlights the significant growth in Brazil's coffee exports in the first two weeks of November 2024, as reported by the Foreign Trade Secretariat (Secex). Unroasted coffee exports revenue surged by 102.4% to $1.042 billion, with a 52.2% increase in the value traded per ton compared to the same period in 2023. The export volume, however, saw a decrease of 7.6% compared to November 2023. Additionally, roasted coffee exports experienced a 75.1% rise in revenue, reaching $73.305 million, with a 41.6% increase in the daily export average compared to the previous year.

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

Original content

According to data released by the Foreign Trade Secretariat (Secex) this Monday (25), revenue from unroasted coffee exports during the first fourteen business days of November 2024 reached US$ 1.042 billion. Compared to the same period last year, when the total recorded was US$ 735.783 million, the increase was significant. The average daily revenue this month rose 102.4%, going from US$ 36.789 million in November 2023 to US$ 74.466 million in November 2024. In terms of price, the value traded for unroasted coffee in the first fourteen days of November 2024 increased 52.2% compared to the same month in 2023. The average daily trading was US$ 4,771.00, while last year the average was US$ 3,134.90. In terms of export volume, data indicate that 218,706 tons of unroasted coffee were shipped abroad in the first fourteen days of November 2024, compared to 234,706 tons exported during the entire month of November 2023. The average daily export increased by 33%, reaching 15,608 tons, ...

Source: Portal Do Agronegocio