Brazil’s coffee exports to Arab countries up 13%
São Paulo – Year-to-date through November 2020, Arab countries stepped up their imports of Brazilian coffee more than any other continent or economic bloc. Those countries imported 1.89 million 60-kg bags of coffee, up 12.9% year-over-year. Foreign exchange revenue came out to USD 192.7 million, marginally down 0.3%. The numbers were made public this Wednesday (9) by the Brazilian Coffee Exporters Council (Cecafé).
Total exports from Brazil amounted to 39.8 million bags of coffee, up 5.7% from a year ago, with foreign exchange revenue climbing 6.7%, to USD 5 billion. Average price per bag increased by 1% to USD 126.45.
Via Brazil-Arab News Agency