MOSCOW, June 10 Brazil increased coffee exports to Russia almost fivefold in May, reaching an all-time record of $26 million, according to an analysis of Brazilian customs data.
Thus, at the end of spring, Brazilian coffee exports to Russia increased 4.8 times year-on-year and 2.7 times month-on-month, reaching $26 million. This was the highest sales volume for the entire period of trade between the two countries.
Deliveries for January-May reached $65.2 million, which is a third more than last year's result.
Brazilian Ambassador to Russia Rodrigo de Lima Baena Soares said on Sunday that Brazil hopes to increase coffee supplies to Russia by 20%, but the price remains volatile and depends on unpredictable factors, including climate change. According to estimates published in April, Brazil was the second-largest coffee exporter to Russia in 2023, with a share of 18%.