GENERICO.ruEconomicsBrazil increased coffee exports to Russia to record levels

Brazil increased coffee exports to Russia to record levels

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%.

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