October-February global coffee exports rose 9.6% as Vietnam, Indonesia shipped more | Wires
(The Insider Stories) — A significant rise in shipments from Indonesia and Vietname pushed global coffee exports 9.6% higher to 46.5 million bags in the first five months of the current coffee year, according to the International Coffee Organisation (ICO).
According to media reports, exports from India were down marginally in the October-February period.
Worldwide coffee shipments stood at 42.42 million 60-kilogram bags in the same period of the 2011-12 October-September coffee year, the ICO said. Exports in February 2013 reached 8.6 million bags, bringing total volume for the first five months of the coffee year to 46.5 million bags, it said.
The rise in shipments during the October-February period was mostly due to increased exports of robusta varieties, which account for much of Indonesia’s production. Colombian Milds and Brazilian Naturals, it said.
October-February exports from top exporter Brazil fell to 13.40 million bags from 13.5 million bags a year earlier while shipments from second-biggest exporter Vietnam rose to 10.25 million bags from 8.7 million bags and exports from Indonesia increased to 4.92 million bags from 2.61 million bags.
