The Arab Brazilian Chamber of Commerce (ABCC) has revealed that coffee exports from Brazil to Arab countries for the first six months of 2019 has recorded a 54 per cent Year-on-Year (YoY) growth as compared to the same period in 2018.
According to the ABCC, the first half of 2019 saw the export of over 872,620 60-kilogram bags of Brazilian coffee to neighboring Arab countries, including instant, green, roasted and ground coffee--driving in sales of over USD 102 million and reflecting a 17.7 per cent YoY increase.
Rubens Hannun, President, ABCC, “We are pleased to report that coffee exports from Brazil to Arab countries have demonstrated a 54 per cent YoY growth, which indicates a continuously growing market for Brazilian coffee for the Arab region. The strong response for this local product showcases the high level of efficiency, quality and productivity placed in Brazil's coffee industry. In fact, the country is trailblazing a new set of records in terms of coffee exports, which has prompted us to look forward to increased demand from the Arab market in the next few years.”
“The successful performance for the first half of 2019 can be attributed to the shared commitment by both parties to foster stronger trade relations between Brazil and Arab countries. At this rate, we are expecting that exports performance will remain positive during the rest of the coffee year,” concluded Hannun.
A report released by the Brazilian Coffee Exporters Council (Cecafé)highlights that the share of Brazilian coffee exports taken in by Arab countries increased from 3.9 per cent during the first half of 2018 to 4.3 per cent at the end of the first six months of 2019, which is an all-time high for a first half of the year posting.