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BRAZIL – Coffee exports to Arab countries up 21% in first half

SAO PAULO – Brazilian coffee exports to the Arab countries totalled 637,000 60-kilogram bags in the first half, growth of 21% over the same period last year, according to figures disclosed on Monday (8) by the Brazilian Coffee Exporter Council (Cecafé).

Revenues with shipments, however, remained at practically the same level, with a slight reduction from US$ 107.6 million in the first six months of 2012 to US$ 107 million in the same period in 2013.

The figures show a reduction in the average price of the product. Total country exports reached approximately 15 million bags in the first half, expansion of 17.5% over the first six months of last year. Revenues, in turn, were a little over US$ 2.7 billion, a reduction of 12.7% in the same comparison.

In June alone, Brazilian foreign sales totalled 2.26 million bags, growth of 18.5% over the same month in 2012. Revenues, however, totalled US$ 376.62 million, a reduction of 9% in the same comparison.

The United States is still the main importer of Brazilian coffee, according to Germany, Japan, Italy and Belgium. In terms of continents, the main buyers are Europe, North America, Asia and South America.

 

Source: ANBA