Delivery of raw coffee abroad fell by 7.9% to 1,599 million bags (each bag weighs 60 kg), according to data of the Secretariat of foreign trade, Ministry of development, industry and foreign trade of Brazil (SECEX). The previous low was recorded in may 2008.

According to estimates of the Executive body of the Brazilian Ministry of agriculture Agency Conab, coffee crop this year will be reduced to is 45.56 million bags from a record 51,36 million bags a year earlier. Meanwhile, a number of other Latin American countries continue to increase coffee production. So, in Colombia, the figure rose to 25% in July compared to the same month of 2016.

"Brazil is losing market share, because in the whole world export of coffee growing," — said the Coffee broker New Selection Nelson Salvaterra.

Photo: solncevietnama.ru