The group reports Brazilian coffee exports to the US fell by 46 per cent during this period.
Brazil is the world’s largest producer and exporter of coffee, while the US is the world’s largest consumer. Cecafe says US imports of Brazilian coffee fell to 301,099 60-kilogram bags, down from 562,723 in the same month the previous year.
Recent fluctuations in global markets have been fuelled by President Trump’s decision to impose a 50 per cent tariff on Brazilian imports. As reported by Cecafe, the tariffs are difficult to work around, as industry leaders outlined re-exporting Brazilian beans via other countries was not an alternative for getting past US import tariffs.
Celirio Inacio, Executive Director at the Brazilian Coffee Industry Association (ABIC), told Reuters the tariffs imposed on Brazil may impact inflation in the nation.
“Coffee is becoming more expensive for consumers again, and this is causing complaints from consumers and will directly contribute to inflation here in Brazil,” says Inacio.
While exports to the US may have dropped, in August Germany took the top spot in Europe as the biggest importer of Brazilian coffee accounting for 414,109 60-kilogram bags.
In Mexico, exports rose by 90 per cent to 251,166 60-kilogram bags, and Colombia increased by 578 per cent to 112,948 60-kilogram bags during the period.
