News

Brazilian coffee beans and sugar register increase in exports to Canada

Raw Common Coffee Bean
Sugar
Brazil
Canada
Published Oct 21, 2021

Tridge summary

An analysis by the CCBC – Chamber of Commerce of Brazil-Canada shows that Brazilian coffee beans registered an 18% increase in exports to Canada, totaling US$ 85 million in sales to the country, in the period from January to September 2021. The study also shows the chapter of coffee, tea, mate and spices in 6th position in the ranking of exports to Canada, with an increase of 19% over the same period in 2020, totaling US$ 86.4 million sold to the country, representing 3% of the share.

Original content

Another highlight in this category, CCBC points out the "pepper not crushed, nor powdered" that was not exported in 2020, entering the agenda since the analyzes of the 2nd quarter of 2021 and reached more than US$ 750,000 (FOB) in the accumulated. The promotion of Brazilian coffee exports to Canada is carried out every year by the CCBC in trade missions and participation in sector fairs. The item “other cane sugar”, had an increase of 52% in relation to the same period of the previous year, reaching US$ 303.7 million. According to the CCBC, some factors contributed to this increase, such as: the exchange rate devaluation, the devaluation of ethanol, causing many mills to prioritize sugar over fuel, and price fixing for anticipated sales in 2020/21. In 2021, the growth of sugar exports to China and the exit of some sugarcane mills from that market, especially from the Center-South region, indicate that the prices of the commodity should increase in the coming months. Overall, ...
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