Soluble coffee exports rise 9.6% in the first half of 2019

Brazilian exports of soluble coffee grew 9.6% in volume compared to the same period last year, totaling 1,860,000 sacks of 60 kg, the association representing the sector, Abics, said on Tuesday (16). On the other hand, the accumulated revenue in the period fell 3.8%, reaching US $275 million. The main destinations were the United States, Russia, Indonesia, Japan and Argentina. The expectation of the sector is that shipments gain strength in the second semester. In the long-term perspective, the Association expects the conclusion of the trade agreement between MERCOSUR and the European Union to gain a breath in sales to the European bloc. "The gradual withdrawal of the tariff of 9% applied by the European Union to our exports will greatly enhance our competitiveness, noting that the economic bloc is the second largest destination of soluble coffee exports, says the president of Abics , Pedro Guimarães. In Brazil, the soluble coffee corresponds to 5% of the total coffee consumption. The prospect is to double the consumption in the next five years.