Coffee exports from Africa’s second-biggest coffee producer, Uganda, are expected to climb 6.4 percent this month compared to last year, after a bigger harvest, the country’s Coffee Development Authority said.
According to a Bloomberg report, coffee shipments in October may rise to 200,000 60-kilogram (132- pound) bags. Exports are also expected be 41 percent lower than the 340,378 bags shipped in September.
The Authority also told Bloomberg that total exports in the next 12 months may rise to 3.3 million bags, up from 3.15 million bags in the past 12 months. According to the report, the country’s coffee exports over the past year have been worth approximately $448.89 million. Uganda ranks behind only Ethiopia in coffee production in Africa, with robusta beans representing approximately 85 percent of the total crop.
The news comes a day after Vietnamese coffee authorities similarly signaled a higher output of robusta beans this month.
The full story: Bloomberg