With a 50% increase in imports, Germany overtakes the United States in purchasing coffee from Brazil

Published 2024년 2월 15일

Tridge summary

Germany has surpassed the United States as the largest buyer of Brazilian coffee, purchasing 695,607 bags in January, a 57.4% increase from January 2023, and accounting for 17.6% of Brazil's exports. The US, usually the biggest consumer and importer of Brazilian coffee, bought 682,952 bags, a 31.3% increase, representing 17.2% of total exports. Meanwhile, China's imports of Brazilian coffee are also on the rise, with a 153.9% increase compared to the same period in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The largest consumer of coffee in the world and also the largest importer of Brazilian coffee, last month the United States lost its leadership in the ranking of main buyers to Germany. The data, which is unusual for the coffee market, is part of the latest figures released by the Brazilian Coffee Exporters Council. According to the official report, in January Germany purchased 695,607 bags, the volume represents an increase of 57.4% compared to January 2023 and also corresponds to 17.6% of Brazil's exports. Despite attracting attention, Márcio Cândido Ferreira - president of Cecafé, states that Germany taking the lead is a reflection of the global logistical problems faced a few months ago by the export sector and which were worsened by the conflicts in the Middle East. "We had loads from December that were left behind and certainly loads to Europe, certainly which favored a greater volume for Germany this month of January", said the president to Notícias Agrícolas. Germany is a ...

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