Revenue from Brazilian coffee exports reaches US$ 5.9 billion by August

Published 2022년 9월 12일

Tridge summary

Brazil's coffee exports hit a record high, reaching US$ 5.904 billion from January to August 2022, marking a 61.4% increase compared to the same period in 2021, according to the Council of Coffee Exporters of Brazil (Cecafé). Despite a slight decrease in volume, exporting 2.762 million bags, or 2.5% less compared to August 2021, the revenue growth of 49.5% is attributed to good market price levels, a favorable exchange rate, and the efforts of exporters. The United States, Germany, Belgium, Italy, and Japan were the leading importers of Brazilian coffee, with the Santos maritime complex being the primary exporter. Arabica coffee was the most exported type, accounting for 85.9% of total shipments, and differentiated coffees, which were 18% of total exports, saw a revenue of US$ 1.292 billion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Value is a historical record for the period and reflects good price levels practiced in the domestic and foreign markets, favorable exchange rate and the work of exporters According to the monthly statistical report of the Council of Coffee Exporters of Brazil (Cecafé), revenue from shipments Brazilians of the product reached a historic record of US$ 5.904 billion from January to the end of August this year, which represents growth of 61.4% in relation to the US$ 3.659 billion registered in the first eight months of 2021. .3% in the range, from 26.7 million bags of 60 kg to the current 25.3 million bags by the end of last month. This result was achieved by updating the statistics until August, when the country exported 2.762 million bags, or 2.5% less compared to the same month in 2021, and obtained a foreign exchange income of US$ 655.3 million, which means a growth of 49.5% compared to August last year. In the first two months of the 2022/23 crop year, the performance is ...
Source: Cecafe

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