Brazil exported 4.926 million bags of 60 kilos of coffee in October, 11.6% more than in October 2023. The result is a record for a single month, with the highest volume exported having been in November 2020, with 4,770 million bags.
Revenue increased 62.6%, to US$ 1.393 billion, according to the Brazilian Coffee Exporters Council (Cecafé), with each bag at an average price of US$ 282.80. These values are also record highs.
With October’s performance, Brazil increased the volume of coffee exported to 17.075 million bags in the first four months of the 2024/25 harvest year, with revenue of US$4.529 billion. In comparison with July to October 2023, there is growth of 17.9% in volume and 58.1% in foreign exchange revenue.
Still according to Cecafé, in a note, in the year to date (January to October), Brazil exported a record volume of 41.456 million bags, an increase of 35.1% in relation to what was shipped in the same period last year. Foreign exchange revenue of US$9.875 billion is also a record, with an increase of 53.8% on the same basis of comparison.
The president of Cecafé, Márcio Ferreira, highlights in a statement that the results were achieved despite the logistical bottlenecks that made it impossible to ship 2.1 million bags by the end of September this year.
“This October result was, without a doubt, very good for Brazil’s coffee export trade, as it demonstrates the commitment of companies and their logistics teams to consolidate their shipments, looking for alternatives, such as exports from five break bulk ships , to honor commitments to international customers,” he said in a statement.
Ferreira states that the increase in demand for containers for the export of coffee, sugar and cotton, combined with the lack of adequate port infrastructure to handle products in containers, has increased the rates of ship delays and cargo rollovers.
“We maintain conversations with the other segments of Brazilian agribusiness so that we can, together, demand the expansion of investments in infrastructure and have greater speed in processes with public authorities, otherwise exporters will continue to pay, literally, the export record”, he added, in the note.
