Brazilian coffee exports fall 3.3 pct in AugustChristian Fernsby ▼ | September 12, 2020
Brazil, the world's leading producer and exporter of coffee, saw sales abroad fall 3.3 percent in August compared to last year, the Council of Coffee Exporters (Cecafe) announced in a report on Friday.
Fall Brazil coffee
Topics: Brazil coffee
Turnover, however, increased in August by 25.2 percent in the year-over-year comparison, supported by the devaluation of the Brazilian real against the U.S. dollar.
"Everything indicates that Brazilian coffee exports will have good results in the second part of the year, working with a focus on health, safety, and sustainability," said Cecafe President Nelson Carvalhaes.
Between January and August of this year, 26.4 million bags of coffee were exported, 3 percent less than in the same period in 2019, according to official data.
The main destinations for Brazilian coffee were the United States, Germany, Italy, and Belgium, according to the Cecafe report. ■