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From USDA, Foreign Agricultural Service, Data and Analysis: Coffee: World Markets and Trade, June 22, 2023:
“World coffee production for 2023/24 is forecast 4.3 million bags (60 kilograms) higher than the previous year to 174.3 million. Higher output in Brazil and Vietnam is expected to more than offset reduced production in Indonesia. With additional supplies, global exports are expected [to be] up 5.8 million bags to a record 122.2 million primarily on strong shipments from Brazil. With global consumption forecast at a record 170.2 million bags, ending inventories are expected to remain tight at 31.8 million bags.”
From Business and Economy > International Trade Data:
Source: 2018 - 2021 Annual Survey of Manufacturers (ASM)
Source: 2021 County Business Patterns (CBP)
Source: 2017 Annual Business Survey (ABS) Program
Source: 2017 Economic Census
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