Global coffee exports up by 17 per cent to 9.18 million bags in August

NEW DELHI: Global coffee exports rose by 17 per cent to 9.18 million bags in August 2012, International Coffee Organisation ( ICO) said.

The worldwide shipments stood at 7.83 million bags of 60 kg each in August last year.

In the first 11 months of the current coffee year, exports rose by 2.7 per cent to 99.58 million bags as compared to 96.97 million bags in October-August of the 2010-11 coffee year (October-September).

Higher quantity of shipments in July and August have boosted exports of the brew in the current coffee year.

Global coffee exports were up 18 per cent to 9.11 million bags in July 2012 from 7.73 million in July 2011.

Coffee exports in the first three quarters of the 2011-12 coffee year were down marginally to 81.16 million bags from 81.41 million bags in the same period in the last coffee year.

According to ICO, exports in the first half of current coffee year fell by 2.3 per cent to 51.7 million bags from 52.9 million bags in the October-March period of the 2010-11 coffee year, mainly on account of drop in shipments by Brazil and Columbia.