Brazil ships 14.2% more green coffee in MarchApr, 11, 2019 Posted by datamarnews
Coffee Exporters Council (Cecafé) said Brazil’s green coffee exports rose 14.2% to 2.64m of 60kg bags in March, compared to the same month last year. Arabica coffee exports reached 2.47m bags in the same month, up 10.4% year-on-year. The country saw the most substantial rise in robusta coffee; shipments rose by 125.7% to 172,740 bags.
Kuehne & Nagel topped the rankings as the prime ocean transportation intermediary (OTI) to ship coffee in the first bimester of 2019, at 866 TEU, according to DataLiner data. Safiracomex and Unicoex are the next two chart-toppers, at 480 and 282 TEU respectively. Kuehne & Nagel rose to prominence this year with flying colors after having a rather poor performance in the first two months of 2018, at only 199 TEU.
DataLiner data shows Brazil’s top ocean intermediaries in coffee shipping for the months of January and February for the last five years:
Minas Gerais over performed in the first quarter of 2019, exporting 5.4m bags in the first quarter, up 44% in comparison to the same period in 2018. The state earned US$995m in revenues from coffee exports in the same quarter, up 22% year-on-year.
Coffee Exporters Council (Cecafé) estimates Brazil’s coffee exports will reach a record volume in the 2018/19 season, at nearly 40m 60kg bags, including green and industrialized beans, approximately 10m bags more than the previous cycle, DatamarNews reported.
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