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Global coffee exports stood at 9.18 million bags in August 2012: ICO

Global coffee exports stood at 9.18 million bags in August 2012 a rise of 17.24% as compared to the worldwide shipments which stood at 7.83 million bags of 60 kg each in August last year, as per the report compiled by International Coffee Organization (ICO).

The exports rose by 2.69% and stood at 99.58 million bags in the first 11 months of the current coffee year, as compared to 96.97 million bags in October-August of the 2010-11 coffee year (October-September). In the current coffee year the exports of the brew were boosted mainly on account of higher quantity of shipments in July and August month.

The Global coffee exports were up 17.85% to 9.11 million bags in July 2012 compared to 7.73 million in July 2011. In the first three quarters of the 2011-12 coffee year, the exports were down marginally to 81.16 million bags from 81.41 million bags in the same period in the last coffee year.

On account of drop in shipments by Brazil and Columbia the exports in the first half of current coffee year fell by 2.26% to 51.7 million bags compared to 52.9 million bags in the October-March period of the 2010-11 coffee year.

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