Year-to-date through August, Arab countries purchased 1.17 million bags of coffee from Brazil, up 2.8% year-on-year. Export revenues, however, slid by 8%.
Arab countries’ imports of coffee from Brazil climbed 2.8% year-to-date through August to 1.17 million 60-kg bags. Revenue from sales slid 8% to USD 123.9 million through August 2020.
Arab countries’ combined share of total exports from Brazil was up marginally from 4.2% to 4.5%. The numbers were made available by the Brazilian Coffee Exporters Council (Cecafé) this Friday (11).
Total exports from Brazil amounted to 26.4 million bags, the second-biggest amount in five years. Foreign exchange revenue through august came out to USD 3.4 billion.
Conilon, aka Robusta-type coffee exports were up 13%, with the variety accounting for 11% of total exports. Arabica coffee exports amounted to 78%, and instant coffee made up 10% of exports. The leading importers of coffee from Brazil were the United States, at 18.5% of total sales, and Germany, at 17%.
August
August saw 3.3 million bags of coffee shipped from Brazil. This is the first month of sales of the 2020 crop of Arabica coffee, which accounted for 76.6% of total foreign sales of coffee. Foreign exchange revenue came out to USD 386.6 million, or BRL 2.1 billion, up 25.2% in Brazilian currency over August 2019.
Arabica is the most widely grown variety in Brazil. Conilon answered to 14.5% of exports, with instant coffee at 8.9%. “August results reflect the new Arabica crop going on the market, as well as sustained Conilon exports, which ensured a good performance as the coffee crop-year begins,” a press release quoted Cecafé chairman Nelson Carvalhaes as saying.
According to Carvalhaes, the entire coffee agribusiness chain keeps performing efficiently and with high quality, in compliance with all prevention and safety measures in place from the World Health Organization (WHO) and from local and state health organizations.
SOURCE: ANBA
