Brazil coffee exports hit record high in October

Brazil coffee exports hit record high in October

With 3.74 million bags exported last month, the country saw a historic monthly volume. In comparison to October 2017, foreign sales of the product jumped 29.1%.

Brazil, the world’s top producer, just set a new coffee exports monthly record. In October, the country shipped out 3.74 million 60-kg bags. The figure includes green, instant, roasted and ground coffee and shows a 29.1% increase over the results seen in the same month of 2017, when the country sold abroad 2.9 million bags. The data was shown this Thursday (08) by the Brazilian Coffee Exporters Council (CECAFÉ).

Revenues in October rose slightly by 0.7% over last year’s October, totaling USD 490 million. If compared to September of this year, revenues rose 15.3%. Despite the positive data, CECAFÉ says that the performance could have been better. “We are still having problems with rolling of cargo, otherwise, we could have reached the 4 million bags-level. The data shows a positive performance for the next months, ending the calendar year with good results and consolidating more and more Brazil’s leadership in exported volume and the commitment with quality and sustainability,” said Nelson Carvalhaes, CECAFÉ’s president, in a statement.

On Thursday morning, the Council took part in the International Coffee Week, in Belo Horizonte, represented by it director general Marcos Matos, who spoke in the panel “Creating global change via local action,” held at Grande Auditório Robério Oliveira Silva. The event gathered organizations that have joined forces for the sustainability in the coffee production chain and for the Coffee Global Platform.

READ MORE: https://anba.com.br/en/brazil-coffee-exports-hits-record-high-in-october/


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