Brazilian coffee exports amount to 2.7 million bags

Published May 10, 2023

Tridge summary

In April, Brazil's coffee exports experienced a decline, with a 10.3% decrease in volume and a 16.9% decrease in revenue compared to the same month in the previous year, according to the Brazilian Coffee Exporters Council. Despite this, the accumulated exports for the first 10 months of the 2022/23 crop year showed a slight increase in revenue, generating over $6.99 billion. The United States, Germany, Italy, Japan, Belgium, and Colombia were the main importers of Brazilian coffee in the first four months of 2023, with the United States being the largest market. Arabica coffee was the most exported variety, accounting for 85.2% of the total exports.

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

Original content

According to the statistical report by the Brazilian Coffee Exporters Council (Cecafé), national shipments of the product totaled 2.722 million 60 kg bags in April, a volume that implies a 10.3% drop compared to the 3.034 million recorded in the same month of 2022. With an average price of US$ 222.08 per bag, foreign exchange revenue was US$ 604.5 million, decreasing 16.9% in the same comparative range. In the accumulated result for the first 10 months of the 2022/23 crop year, Brazil's coffee shipments abroad amount to 30.495 million bags, which generated US$ 6.993 billion for the country. The performance represents a decline of 9.1% in volume, but an evolution of 4.6% in revenue compared to the numbers measured between July 2021 and April of last year. According to data released by Cecafé, in the first four months of 2023, the United States continued to be the main importer of coffee from Brazil, purchasing 2.051 million bags, a volume 19.2% lower than that registered in the ...

Source: Agrolink