The exports of global coffee fell by 1.22% to 8.84 million bags in August compared to 8.95 million bags of worldwide coffee shipments in the same month of last year, according to data compiled by International Coffee Organisation (ICO). This fall was due to sharp fall in shipments from countries like Indonesia and Colombia. One bag contains 60 kg of coffee.
The shipments from Colombia fell to 0.88 million bags in August from 0.93 million bags in the same month last year. Similarly, exports from Indonesia declined to 0.55 million bags from 0.95 million bags, while shipments from India too fell to 0.29 million bags from 0.39 million bags in the review period.
On the other hand, there was rise in shipments from Brazil, Vietnam and Ethiopia. The shipments from the world’s leading exporter, Brazil, rose to 3.01 million bags last month, from 2.65 million bags a year ago. The exports from Vietnam - the world’s second biggest exporter - increased to 1.72 million bags from 1.20 million bags in the review period. Similarly, shipments from Ethiopia also increased to 0.34 million bags in August, compared with 0.27 million bags a year ago.
From October-August in the 2013-14 marketing year, the total global coffee exports stood at 10.10 million bags, slightly lower than 10.31 million bags in the year-ago period.