ICO: World coffee exports were down 11.4 percent on year in October

World coffee exports amounted to 8.8 million bags in October 2017, a fall of 11.4% compared with 9.93 million bags in October 2016, reports the International Coffee Organization. Exports of Arabica and Robusta were down 9.9% and 14% respectively. Among Arabica, Brazilian Naturals witnessed the biggest decrease (-13.4%) followed by Colombian Milds (8%) and Other Milds (-3.6%). Shipments from Brazil, Vietnam and Colombia – the world’s three largest producers of the commodity – were down 18.3%, 30.3% and 8.7% respectively. In the twelve months ending October 2017, exports of Arabica totalled 76.23 million bags compared to 72.35 million bags last year; whereas Robusta exports amounted to 44.12 million bags compared to 45.14 million bags. Source: comunicaffe.com/ico-world-coffee-exports-were-down-11-4-percent-on-year-in-october/