Brazil's coffee exports reached a record high in November 2020

Published Dec 10, 2020

Tridge summary

In November 2020, Brazil achieved a record-breaking month for coffee exports, shipping out 4.3 million bags and reaching a turnover of $541.9 million, a 32.2% increase compared to the same period in 2019. This marks the third consecutive month of record exports for the world's largest coffee producer, with the total export value for the year reaching $5.03 billion, a 6.7% increase from the first 11 months of 2019. Arabica coffee was the highest earner in international sales, accounting for 79.3% of total coffee sales. The US continues to be the primary consumer of Brazilian coffee, with Germany, Belgium, Italy, and Japan also significant importers. This performance highlights the resilience of Brazil's coffee sector amidst the COVID-19 pandemic.

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

Original content

On December 9, the Brazilian Coffee Exporters Association (Cecafe) said that in November 2020, the country exported 4.3 million bags of coffee (type 60 kg / bag), up 32.2%, soy sauce This is a record-high monthly export for Brazil and the third consecutive month that the world's largest coffee producer has hit a record. According to Cecafe, Brazil's total coffee export turnover in November 2020 reached US $ 541.9 million, up 32.3% over the same period in 2019. Since the beginning of the year To date, Brazil has exported $ 5.03 billion worth of coffee, up 6.7% from the first 11 months of 2019. Chairman Cecafe Nelson Carvalhaes said the figures were positive in both volume and value. Exports in the past month once again confirmed the efficiency of the entire Brazilian coffee production and trading chain, thereby showing that coffee producers and suppliers in the largest country in South America were partly overcomes the economic impacts due pandemic COVID-19 caused. You have ...

Source: Cungcau