Coffee exports grow at the Port of Santos

According to Cecafé (Brazil’s Coffee Exporters Council), coffee exports from the Port of Santos grew 29.3% in the first seven months of 2019, compared to the same period last year.

The Santos pier continues to be the main coffee export port, accounting for 77% of all bags shipped in the country.

The Cecafé survey found that between January and July 2019, the Santos port complex shipped more than 18,200 bags of 60 kilograms of coffee. In comparison, there were 14,100 bags during the same period of last year.

In July, 3.2 million bags of coffee were shipped, which is the largest number of shipments in the last five years for the month. During the same period, coffee exports in the country grew 28.2% compared to July 2018, when Brazil shipped 2.5m bags.

Although the volume increased, the average price of the coffee bag fell from year to year, down 18% to US$119.7/bag. As a result, the foreign exchange revenue generated this month was US$378.2m, representing an increase of 5.1% compared to July last year.

The survey also showed that coffee exports from January to July 2019 were the highest in the last five years for the period, with the shipment of 23.5m bags, up 37.6% over the period from January to July of last year. Foreign exchange revenue, in this case, reached US$2.9bn, also increasing by 11% over the same period of 2018.

Arabica coffee was the most exported variety, accounting for 71.4% of total foreign sales, equivalent to 2.3m bags, followed by conilon (robusta) coffee, with 18.2%, while soluble coffee accounted for 10.3% of exports.

“The 19/20 harvest is practically finished and everything indicates that we will maintain good results until the end of the calendar year. Once again, the Brazilian coffee business abroad is consolidated, thanks to the efficiency and strong commitment to the sustainability of the entire productive and commercial chain in Brazil,” says Nelson Carvalhaes, president of Cecafé.

According to the executive, the first seven months of the year saw an increase in coffee exports to the United States and Germany, followed by Italy and Japan. Together, the four countries consume 51.7% of Brazilian coffee.

Source: A Tribuna

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