Brazilian coffee exports up 32.2% YoY setting record for November

Data from CECAFÉ, the council of coffee exporters in Brazil, shows that Brazil exported 4.3 million bags of green, soluble, and roasted & ground coffee in November this year. The volume shipped represents an increase of 32.2% in relation to November 2019 and stands out as a new record in product exports for the month, in addition to it being the second-largest monthly shipment this year.

The foreign exchange revenue generated by shipments in November was US$ 542 million, an increase of 32.3% over the same month last year. In the conversion into reais, the value was R$ 2.9 billion, the highest revenue for the month in the last five years, increasing 72.5% in relation to November 2019.

Regarding the exported varieties, arabica coffee represented 85.1% of the total exported volume, equivalent to 3.7 million bags; conilon coffee (robusta) represented 7.7%, with 334,000 bags shipped; and soluble coffee represented 7.2% of exports, with 313,000 bags exported. Among the varieties, arabica coffee stood out for its 33.9% increase in sales compared to November 2019. conilon grew 63.6%. “The results of Brazilian coffee exports, presented in November, surprised once again for their excellent performance, both in terms of volume and economy, “says Nelson Carvalhaes, President of Cecafé.

Year-to-date
From January to November, Brazil exported 39.8 million bags of coffee, an increase of 5.7% over the same period last year. Foreign exchange revenue reached US$ 5 billion, up 6.7%. In the conversion into reais, the revenue was equivalent to R$ 25.9 billion, registering a 40% growth in relation to Jan – Nov 2019. Both the exported volume and the exchange revenue in dollars and in reais in the calendar year were the largest in the last five years for the period. The average price was US$ 126.45, an increase of 1% compared to last year.

Among the varieties shipped in 2020, robusta coffee stood out for its 25.7% increase in exports, when compared to the volume of the variety exported from January to November 2019. The coffee variety corresponded to 11.4% of the total volume shipped in the period, equivalent to 4.5 million bags. Arabica coffee had a 79.3% share in exports, with 31.5 million bags, while soluble coffee accounted for 9.3% of shipments from January to November, with 3.7 million bags shipped.

In the year, the ten main consuming countries of Brazilian coffee were, respectively: The United States, which imported 7.2 million bags (18.2% of the total shipped in the period); Germany, with 6.7 million bags (16.9%); Belgium, with 3.3 million bags (8.4%); Italy, with 2.8 million bags (7.2%); Japan, with 2.1 million bags (5.2%); Turkey, with 1.3 million bags (3.3%); Russian Federation, with 1.1 million bags (2.9%); Mexico, with 971,900 bags (2.4%); Spain, with 856,500 bags (2.2%); and Canada, with 809,200 bags (2%).

Among the destinations, Belgium stood out for the growth of 42.6% in imports of the Brazilian product in comparison with last year. Turkey, the Russian Federation, and Mexico also registered a significant increase in the consumption of Brazilian coffee, of 16.8%, 17.2%, and 13.3%, respectively, while Germany and Spain showed growth of 7.9 % and 6.5%, in that order.

Among the continents and economic blocs, the growth of 34.7% in exports to the countries of South America stands out; 50.9% for Africa; 99% for Central America; 23.3% for Eastern European countries; 26.7% for the BRIC countries; 12.9% for Arab countries, in addition to the 42.2% increase in shipments to coffee-producing countries. It is worth noting that on the two continents most affected by Covid-19, Europe, and North America, Brazil showed growth in exports to countries on both continents, 5.4% and 1.4%, respectively. Finally, it is also worth mentioning the 60.3% increase in Brazilian green coffee exports to producing countries in the period, equivalent to 2.1 million bags.

2020/21 Harvest

In the first five months of the Crop Year 2020/21 (July-Nov), Brazil also recorded the best performance of the last five years in terms of volume of coffee exported. In the period, 19.8 million bags of coffee were shipped, an increase of 15.2% over the same period of the previous harvest. Arabica coffee exports from July to November were 15.8 million bags (16.5% growth compared to the same comparative basis of 2019). Robusta coffee shipments were 2.4 million bags (an increase of 21.8%) and soluble bags were 1.6 million. Foreign exchange revenue for the crop year has so far reached US$ 2.4 billion, up 12.8% in the period. In the conversion into reais, revenue was equivalent to R$ 13.2 billion, an increase of 52.1% over the first five months of Crop Year 2019/20.

In relation to ports, the Port of Santos remained in the lead of most exports in the calendar year 2020, with 77.6% of the total volume exported from it (equivalent to 30.9 million bags). In second place are the ports of Rio de Janeiro, with 15.2% of shipments (6 million bags).

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