Coffee exports reach record volume this season in BrazilJul, 10, 2019 Posted by datamarnews
According to Cecafé – Coffee Exporters Council of Brazil – in the 2018/2019 harvest, Brazil reached a historic record in coffee exports, with 41.1m bags of 60kg of beans being sold, an increase of 30.5% over the previous harvest.
During this period, foreign exchange revenue was US$5.3bn (equivalent to R$20.8bn), which represented an increase of 9.8% over the previous crop. Despite this, the average price of the bag was US$131.14, a decrease of 18.7% compared to the 2017/2018 harvest.
Meanwhile, the Port of Santos accounted for 78.9% of shipments, representing 32.4m bags of coffee. Moreover, despite the growth of 28.5% in the volumes loaded, there was a decline in participation since in the period 2017/2018 the Santos maritime complex was responsible for the shipment of 82.9% of the grains.
In the first half of 2019, the Port of Santos exported 15.7m bags of coffee, followed by the ports of Rio de Janeiro (2.4m bags) and Vitória (1m bags); however, Paranaguá (373,503 bags) and Salvador (166,347 bags) port complex appear in the sequence.
The following graph, based on DataLiner data, shows the Brazilian coffee exports from January 2015 to May 2019:
Source: A Tribuna
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