World Coffee Exports Declined by 4%
According to official data from the International Coffee Organization http://www.ico.org/ world coffee exports amounted to 8.77 million bags in April 2012, compared with 9.93 million recorded in April 2011. Exports in the first seven months of the year / October 2011 – April 2012 / decreased by 4% to 60.3 million bags compared to the same period last year / 62.83 million bags /. Over the past 12 months, exports of Arabica totaled 64.03 million bags compared to 67.83 million bags in the previous year. The exact opposite trend is obvious with Robusta, where exports are listed as 37.96 million bags compared to 35.52 million bags the previous year.