CURRENT AFFAIRS

Detailed explanation-1: -According to The Food and Agriculture Organization (FAO) statistics, India is the eighth largest exporter of coffee by volume. Indian coffee exports display a seasonality, with exports peaking from March to June. The country exports over 70% of its production.

Detailed explanation-2: -Coffee shipments from India, Asia’s third-largest producer and exporter, rose 1.66 per cent to 4 lakh tonne in 2022 on rise in instant coffee exports and re-exports. Exports stood at 3.93 lakh tonne in 2021.

Detailed explanation-3: -List of Countries by Coffee Production. Worldwide 9,217,911 tonnes of coffee is produced per year. Brazil is the largest coffee producer in the world with 3,019,051 tonnes production volume per year. Vietnam comes second with 1,460,800 tonnes yearly production.

Detailed explanation-4: -In January 2022, Brazil exported the highest volume of coffee worldwide. The volume stood at about 3.2 million 60-kilo sacks of coffee. Coffee is the second largest traded commodity (after oil) in the world. All coffee is grown in the global south of the world and is mostly consumed in the global north.

Detailed explanation-5: -Brazil is a true powerhouse of coffee production. The country single-highhandedly produces nearly 40% of the world’s coffee supply. Many areas in Brazil have a climate perfectly conducive to coffee farming.