International Coffee Organization – What s New, international trade finance.#International #trade #finance


Record Exports for Coffee Year 2016/17

International trade finance

120th Session of the International Coffee Council

The 120th Session of the International Coffee Council and other ICO meetings took place in Yamoussoukro during the week of 25 to 29 September 2017. All presentations are now available.

What’s New

Record Exports for Coffee Year 2016/17

Total exports in September 2017 reached 8.34 million bags, compared to 9.8 million in September 2016. While coffee year 2016/17 registered a decrease in its final month, total exports reached a record 122.45 million bags, 4.8% greater than the 116.89 million bags shipped in coffee year 2015/16. Exports of Colombian Milds grew by 8% to 14.66 million bags, Other Milds by 15.6% to 27.02 million bags, and Brazilian Naturals by 2.6% to 35.84 million bags while Robusta shipments remained stable, amounting to 44.93 million bags. Global coffee production in crop year 2016/17 has been revised upwards to 157.44 million bags, a 3.4% increase on 2015/16, due largely to the increase in production for Honduras. The ICO composite indicator continued its downward trend, averaging 120.01 US cents/lb in October 2017, which is the lowest level since May 2016 when it averaged 119.91 US cents/lb. Read the latest Coffee Market Report>> •Exports in coffee year 2016/17 (Oct/16 to Sep/17) have increased by 4.8% to 122.45 million bags compared to 116.89 million bags in the last coffee year. •In the twelve months ending September 2017, exports of Arabica totalled 77.52 million bags compared to 71.87 million bags last year; whereas Robusta exports amounted to 44.93 million bags compared to 45.02 million bags. Find more facts and figures about Coffee Trade Statistics>>

ICO Executive Director joins growers in Panama

On 28 October 2017, ICO Executive Director, Mr Josй Sette, had the pleasure to visit coffee farms in the Boquete and Volcбn regions of Panama. Mr Sette also had the pleasure to talk to growers about trends in the coffee market, sustainability and the important role of the ICO.

Executive Director meeting with IHCafй

On 26 October 2017, the third day of the ICO Executive Director’s visit to Honduras was dedicated to meetings at IHCafй (Honduran Coffee Institute). In the morning, Mr Sette met with the Governing Board to discuss the challenges facing the world coffee sector and Honduras in particular, and in the afternoon he made a presentation on the sustainability of the world coffee sector and the role of the ICO.

ICO Executive Director meets President of Honduras

Coffee prices climb to a 4-month high but subsequently fall in view of a well-supplied market

Welcome visit from the Ambassador of the Democratic Republic of the Congo

The Executive Director, Mr Josй Sette, was honoured to welcome Her Excellency Ms Marie-Marguerite Ndjeka Opombo to the ICO this week. Accompanied by Mr Corneille Tabalo, the Congo Embassy’s official representative to the ICO, this visit provided a valuable opportunity to discuss the country’s coffee sector development strategy for which the ICO will lend its support. Her Excellency also congratulated Mr Sette on his appointment as ICO Executive Director and extended an invitation for him to visit the Democratic Republic of Congo next year. Members are always welcome to visit the ICO offices. Contact [email protected] for more information. Read more on the ICO blog>> Read the latest Coffee Market Report>> > • Exports in the first 9 months of coffee year 2016/17 (Oct/16 to Jun/17) have increased by 5.6% to 92.29 million bags compared to 87.37 million bags in the same period in the last coffee year. • In the twelve months ending June 2017, exports of Arabica totalled 75.76 million bags compared to 71.21 million bags last year; whereas Robusta exports amounted to 45.45 million bags compared to 43.91 million bags. Find more facts and figures about Coffee Trade Statistics>>

1st World Coffee Producers Forum – Colombia

Mr Josй Sette, Executive Director of the ICO, had a personal meeting with H.E. Mr Juan Manuel Santos, President of the Republic of Colombia, to discuss the current world coffee outlook and the challenges facing the world coffee sector. Mr Sette delivered a speech at the opening ceremony of the 1st World Coffee Producers Forum in Medellin, Colombia. The Presidents of Colombia, Costa Rica, Honduras and the Vice-President of El Salvador took part in the opening ceremony along with representatives of African, Asian and Latin American coffee-producing and consuming countries. Former US President William J. Clinton and Prof. Jeffrey D. Sachs participated in the panel on Economic Sustainability and Rural Development to Promote Global Stability and Democracy. The aim of the Forum was to discuss the challenges facing coffee-producing countries. Speech>> View photos on the blog>> Read the latest Coffee Market Report>> View photo on the blog>> • Exports in the first 8 months of coffee year 2016/17 (Oct/16 to May/17) have increased by 5% to 81.32 million bags compared to 77.44 million bags in the same period in the last coffee year. • In the 12 months ending May 2017, exports of Arabica totalled 74.49 million bags compared to 71.49 million bags last year; whereas Robusta exports amounted to 45.59 million bags compared to 43.92 million bags. Find more facts and figures about Coffee Trade Statistics>>

World of Coffee – June 2017

The Executive Director of the ICO meets high-level representatives

Mr Josй Sette, Executive Director of the International Coffee Organization, took office on 1 May 2017. Since then, he has been paying courtesy visits to the following high-level representatives to discuss the challenges facing the coffee sector globally and specifically with reference to their countries. In these contacts, he has been taking the opportunity to discuss their suggestions for the work programme and strategic planning of the Organization. • Ambassador of Ecuador, H.E. Mr Carlos Abad Ortiz • Ambassador of Honduras, H.E. Mr Ivбn Romero-Martнnez • Ambassador of Colombia, H.E. Mr Nйstor Osorio • Ambassador of Bolivia, H.E. Mr Roberto Calzadilla Sarmiento • Ambassador of Indonesia, H.E. Dr Rizal Sukma • Ambassador of Mexico, H.E. Mr Juliбn Ventura • Ambassador of Ethiopia, H.E. Mr Hailemichael Afework Aberra • Ambassador of Vietnam, H.E. Mr Nguyen Van Thao • Ambassador of Switzerland, H.E. Mr Dominik Furgler • Permanent Representative to the ICO, Switzerland, Mr Conradin Rasi • Ambassador of Guatemala, H.E. Mr Acisclo Valladares Molina • Ambassador of the Russian Federation, H.E. Mr Alexander Yakovenko • Permanent Representative to the ICO, Cфte d’Ivoire, Mr Aly Tourй • First Counsellor (Economic/Agricultural Affairs), Italy, Mr Dante Brandi • Overseas Representative, Papua New Guinea, Mr Michael Wheeler • Permanent Representative to the ICO, Democratic Republic of the Congo, Mr Corneille Tabalo • Ambassador of El Salvador, H.E. Mrs Elisabeth Hayek-Weinmann • Ambassador of Panama, H.E. Mr Daniel Fбbrega • Ambassador of Japan, H.E. Mr Koji Tsuruoka • High Commissioner of Kenya, H.E. Mr Lazarus Amayo • Ambassador of Burundi, H.E. Mr Ernest Ndabashinze • Ambassador of Brazil, H.E. Mr Eduardo Santos • Ambassador of Tunisia, H.E. Mr Nabil Ammar • Ambassador of Peru, H.E. Mr Claudio De la Puente • High Commissioner of Tanzania, H.E. Dr Asha-Rose Migiro In addition to that, whilst attending the launch of the Global Adaptation Plan in Geneva, he visited the Director General of the World Trade Organization, Mr Roberto Azevкdo, and the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Dr Mukhisa Kituyi, to discuss possible opportunities for collaboration. Read more on the ICO blog>> Read the latest Coffee Market Report>> • Exports in the first 6 months of coffee year 2016/17 (Oct/16 to Mar/17) have increased by 4.8% to 60.08 million bags compared to 57.34 million bags in the same period in the last coffee year. • In the 12 months ending March 2017, exports of Arabica totalled 73.6 million bags compared to 71.87 million bags last year; whereas Robusta exports amounted to 45.27 million bags compared to 43.53 million bags. Find more facts and figures about Coffee Trade Statistics>>

5th Edition of FESTICOFFEE

New ICO Executive Director

At its 119th Session in London, the International Coffee Council appointed Mr Josй Dauster Sette of Brazil as the new Executive Director of the ICO for a five-year term. Press Release>> DN-132/17/ICA 2007>> Click here for more information>> Read the latest Coffee Market Report>>

Press Release

International trade finance

1 October is #InternationalCoffeeDay.

Thank you for celebrating International Coffee Day with us this year. Watch out for more details about plans for ICD 2018.

7th Consultative Forum on Coffee Sector Finance

The 7th Forum took place in Yamoussoukro on 27 September 2017. Learn more

The ICO has a unique Library containing an international reference collection, built up over 40 years of more than 13,000 monographs (books, reports, theses, pamphlets) and over 200 periodical titles covering all aspects of coffee.

International trade finance


Leave a Comment

Your email address will not be published. Required fields are marked *