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March 12, 2024March 12, 2024⌙ Brazil 🇧🇷

Brazilian coffee exports to China grow by 158% in opening months of 2024

Fundación Andrés Bello

Photo: Pixabay.

The Coffee Exporters Council (Cecafé) revealed data reflecting an increase of nearly 158% in Brazilian coffee sales to China during the first two months of 2024, compared to the same period last year. According to official figures, China imported a total of 256.931 sacks of 60 kilograms of coffee between January and February, establishing itself as the sixth-largest destination for Brazilian coffee exports.

In the cumulative bimester, the growth was 44.9% compared to the same period in 2023,highlighting the increasing demand and Brazil’s robust position as one of the world’s leading coffee producers and exporters.

Cecafé President, Márcio Ferreira, noted that this significant increase is partly due to Brazil’s growth in the varieties of conilon and robusta coffee, taking advantage of challenges in harvests from competing countries like Vietnam and Indonesia. Ferreira expressed satisfaction, and stated: “The top 10 buyers of our coffees increased their purchases in the first two months of this year, demonstrating that the demand for our product continues to grow. Our exporters are doing a unique and tireless job to supply the global market and maintain Brazil as the main provider of the product.”

In February, Brazilian coffee exports experienced a growth of 48.9% compared to the same month the previous year, reaching over 3.62 million 60 kilogram sacks shipped abroad. This underscores China’s crucial role in boosting the overall exports of Brazilian coffee.

Cecafé also reported that 72.6% of the coffee exported by Brazil in February was channeled through the Port of Santos in the state of São Paulo, the main port terminal in Latin America.

China has been Brazil’s main trading partner since 2009 and, last year, entered the top ten destinations for Brazilian coffee, further solidifying the commercial relationship between the two countries.

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    La Fundación Andrés Bello – Centro de Investigación Chino Latinoamericano es una entidad sin fines de lucro, de carácter independiente, dedicada a la investigación y análisis de las relaciones internacionales entre la República Popular China y los países de América Latina y el Caribe.

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