In 2024, Brazil remains the leader in global coffee exports, though it experienced a slight decline of -1.11% year-on-year. Vietnam, closely trailing, showed moderate growth at 0.69%. Indonesia saw the most significant increase among the top exporters, with a 1.81% rise. European countries such as Germany and Italy experienced modest growth, while Colombia and India also saw upward trends. Notable growth was observed in Honduras, Malaysia, and Peru, with rates exceeding the average. Conversely, Thailand experienced a considerable drop of -11.49%, and the United States saw a decline of -1.21%.
Future trends to watch include the potential for growth in emerging markets such as Zambia and Burkina Faso, both showing high recent increases. The stability of established markets like Brazil and Vietnam, amidst fluctuating global economic conditions, will also be critical. Monitoring political and climate-related factors affecting key producers like Colombia and Ethiopia remains crucial.
Top countries in Coffee Export Volume by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Brazil | 1,990 | 2023 | -0.7% | -1.11% | View data |
2 | 2 Vietnam | 1,920 | 2023 | +1.48% | +0.69% | View data |
3 | 3 Indonesia | 1,090 | 2023 | +2.46% | +1.81% | View data |
4 | 4 Germany | 940 | 2023 | +0.53% | +0.43% | View data |
5 | 5 Colombia | 833 | 2023 | +0.97% | +1.14% | View data |
6 | 6 Honduras | 500 | 2023 | +3.09% | +3.06% | View data |
7 | 7 India | 458 | 2023 | +1.1% | +1.55% | View data |
8 | 8 Malaysia | 403 | 2023 | +2.28% | +1.78% | View data |
9 | 9 Italy | 319 | 2023 | +1.59% | +1.58% | View data |
10 | 10 Belgium | 301 | 2023 | +1.01% | +0.96% | View data |