Brazil exports a record 4.2 million bags of coffee in April

Published May 13, 2024

Tridge summary

Brazil's coffee exports in April 2024 reached a record high of 4.222 million 60 kg bags, generating US$935.3 million in revenue, a 53% increase from April 2023. The first four months of the 2023/24 harvest year saw a 45.6% increase in exports compared to the same period in 2023, with Mexico importing 877% more Brazilian fresh coffee. However, despite these achievements, logistical challenges such as ship delays at the Port of Santos persisted, with 80% of coffee ships in April and 54% of container ships experiencing delays in the first four months.

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

Original content

Volume represents an increase of 53% over April 2023 and surpasses the previous record for this month, recorded in 2021 Brazil exported 4.222 million 60 kg bags of coffee in April 2024, a record amount for this month, surpassing April's performance 2021. Shipments also yielded the highest foreign exchange revenue in history for any month by reaching US$935.3 million. This performance implies growth of 53.3% in volume and 52.6% in value compared to the same period in 2023. The data appears in the monthly statistical report of the Brazilian Coffee Exporters Council (Cecafé). In the 10 months of the 2023/24 harvest year, the country's coffee shipments abroad total 39.256 million bags, showing an increase of 28.5% compared to what was recorded between July 2022 and the end of April last year. In revenue, the increase is 13.3%, with the value reaching US$ 7.939 billion. Brazilian coffee exports are also a record in the first four months of this year, totaling 16.242 million bags, 45.6% ...

Source: Cecafe