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Global coffee exports rise 18% at 9.11 m bags in July

PTI
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Global coffee exports rose by 18 per cent to 9.11 million bags in July this year, International Coffee Organisation (ICO) said.

The worldwide shipments of the brew stood at 7.73 million bags of 60 kg each in the same month of 2011.

Higher quantity of shipments in July has boosted exports of the brew in the current coffee year. In the first 10 months of the current coffee year, the exports rose by 1.5 per cent to 90.36 million bags as compared to 89.05 million bags in October-July of the 2010-11 coffee year (October-September).

Coffee exports in the first three quarters of the 2011-12 coffee year were down marginally to 81.16 million bags from 81.41 million bags in the same period in the last coffee year.

According to ICO, exports in the first half of current coffee year fell by 2.3 per cent to 51.7 million bags from 52.9 million bags in the October-March period of the 2010-11 coffee year, mainly on account of drop in shipments by Brazil and Columbia.

For the 12 months ended July 2012, coffee exports rose marginally to 105.90 million bags as compared to 105.24 million bags in the year-ago period.

(This article was published on September 2, 2012)
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