Brazil makes US$5.1 billion from coffee exports in 2018

31 January 2019

Brazil exported 35.2 million 60-kilogramme bags of green, soluble, roasted and ground coffee in 2018, an increase of 13.9% over the amount exported in 2017, said the chairman of the Coffee Exporters Council of Brazil (Cecafé).

Nelson Carvalhaes, speaking to Brazilian trade newspaper Notícias Agrícolas, said that the export of coffee in its different forms in 2018 provided revenues of US$5.1 billion, down 3.0% year-on-year, as the average price per bag was US$144.53, down by 14.9% from 2017.

The chairman of Cecafé said that the main buyers of Brazilian coffee remained firm, including the United States, Belgium, Japan and the United Kingdom, with a very significant increase in sales to China, which increased coffee imports by 150%.

Carvalhaes said that the outlook for 2019 was optimistic and that the Asian market was expected to continue to increase imports of coffee produced in Brazil, and ales to coffee producing countries for subsequent re-export were also expected.

Figures from the International Coffee Organization showed that Brazil produced 52.73 million 60-kilogramme bags in 2017, a decline of 7.1% compared with 2016.

Brazil is the world’s largest producer of coffee, and in 2017, for example, the second largest producer, Vietnam, was a long way off with production of 29.5 million bags. (macauhub)