Brazil exports a record 4.2 million bags of coffee in April

Published May 14, 2024

Tridge summary

In April 2024, Brazil achieved a record in coffee exports, shipping out 4.222 million 60 kg bags and generating revenue of US$935.3 million, both being the highest for any April. This represents a 53.3% increase in volume and a 52.6% increase in value compared to April 2021. From July 2022 to April 2024, the total coffee exported was 39.256 million bags, marking a 28.5% increase compared to the previous period, with revenue reaching US$7.939 billion. The first four months of 2024 also saw a record in coffee exports, totaling 16.242 million bags and generating revenue of US$3.444 billion, a 45.6% increase in volume and a 42.4% increase in value compared to the same period in 2023. However, 95 out of 121 coffee exporting ships were delayed at the Port of Santos in April, with various other ports experiencing changes in ship calls and delays.

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

Original content

Brazil exported 4.222 million 60 kg bags of coffee in April 2024, a record amount for this month, surpassing the performance of April 2021. Shipments also generated the highest foreign exchange revenue in history for any month when reaching US$935, 3 millions. This performance implies growth of 53.3% in volume and 52.6% in value compared to the same period in 2023. The data appears in the monthly statistical report of the Brazilian Coffee Exporters Council (Cecafé). In the 10 months of the 2023/24 harvest year, the country's coffee shipments abroad total 39.256 million bags, showing an increase of 28.5% compared to what was recorded between July 2022 and the end of April last year. In revenue, the increase is 13.3%, with the value reaching US$ 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% higher than in the first four months of 2023. At US$3.444 billion, inflows from shipments reached the ...

Source: Portal Do Agronegocio