Brazil’s coffee exports fell 14% in January to 2.9 million bags

RIO DE JANEIRO, BRAZIL – Brazil exported 2.9 million 60-kilogram bags of green coffee in January, down 14% from a year ago, as a smaller crop and logistical bottlenecks limited shipments, exporters’ association Cecafe said on Wednesday, February 9.

It was the lowest volume for January shipments from Brazil, the world’s biggest producer and exporter, since 2018.

Arabica coffee exports made up the bulk of the volume at 2.81 million bags, down 10% from the same period a year earlier, while robusta coffee shipments fell sharply to just 89,093 bags, down 63%.

Brazilian roasters have been buying up much of the volume of robusta available on the local market while increasing the proportion of the less expensive variety in their blends to avoid high arabica prices.

Arabica futures reached their highest value in more than ten years on Wednesday, February 9, due to falling stocks in consuming countries.

Cecafe president Nicolas Rueda said in a report that despite some improvements, logistics remain a challenge and reduce traders’ ability to move the coffee. He added that a smaller crop in Brazil last year is also hurting exports.

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