Daily Coffee Report 8/11/26
Daily coffee report
StoneX Coffee Team
- Coffee
Imports of Coffee Rise in Colombia on Tariff Benefit To Reexport Beans
By: Diana Delgado, Contractor
Imports of Coffee Rise in Colombia on Tariff Benefit To Reexport Beans
Bogota (Coffee Network) – Colombia has been importing increased amounts of coffee since May as the start-up of tariffs to enter the US has prompted importing Brazilian coffee, which then gets reexported from Colombia to take advantage of lower tariffs, analysts and traders explained.
Colombia imported 146,000 bags in August, up 181% from the 52,000 bags in the same month last year. In July, it imported 104,000 bags of 60-kg, an increase of 85% compared to the same month in 2024, however this level is below what was observed between 2020 and 2023. The same is true for definitive imports for May, which were 89,300 60kg bags, 173% higher than what was seen in 2024. This trend has been observed since May as imports in April were 32,900 bags, down 62.7% on the year, according to economic reports from the coffee growers federation.
The sharp rise in imports can be explained by the so-called “tariff arbitrage,” which prompted market participants to importing large amounts of coffee from Brazil to re-export to the US. This happens as the US slapped tariffs of 50% to Brazil coffee, compared with the 10% that currently pays Colombian coffee.
“If you buy coffee at $4... Brazil will pay $2 in tariffs, Colombia $0.40, you have $1.60 to import and re-export coffee from Colombia,” explained a trader. Colombia did incur in tariffs arbitrage between 2021 and 2023, added the trader.
Since August 6, the US slapped a 50% tariffs on Brazilian coffee, prompting the world’s largest coffee producer, which is expected to significantly raise coffee prices in the U.S. and negatively impact Brazilian producers. Brazil is exploring legal challenges to the tariffs and focusing on other markets, such as China, which has welcomed the opportunity to increase its imports of Brazilian coffee.
As the trade account balance between Colombia and the US is in favor to the US, the world’s largest economy decided to slap only a 10% tariff on Colombian goods, including coffee.
As a result, coffee exporters and market participants have found a way to avoid paying a huge amount of coffee by importing Brazilian coffee to then reexport from Colombia to only pay a 10% tariff.
EXPENSIVE BEANS
Coffee analyst Guillermo Trujillo said Colombians have to rely on imported beans because it has become increasingly expensive to purchase Colombian coffee.
Colombia exports all of its high-quality Arabica beans, but it leaves coffee affected by diseases such as broca worms or roya fungus for local consumption. However in 2015, the coffee growers’ federation lifted a ban that had forbidden exporting low-grade beans. As a result, shipments of such beans from private exporters and the federation are now been shipped.
“Roasters can't sell Colombian coffee for COP100,000 pesos per pound ($25). Yet roasters are mixing beans to sell a pound at COP18,000. In my opinion, there's a need for importing beans, otherwise we would have to pay a lot for Colombian coffee” Trujillo said.
Colombia imports coffee from Brazil, Peru and Honduras. Imports from Peru and Honduras resembles mild washed Arabica beans similar to those produced in Colombia. It also imports from Ecuador.
Despite of costlier beans, Colombians seem to be consuming larger amounts of coffee. Colombia consumed on average 2.251 million bags of 60-kg between September and August 2025.
In July, preliminary domestic consumption was estimated at 213,000 bags, 4.9% higher than the final figure for the same month last year. This is the highest level since 2022, when it reached the same level. In turn, final consumption for June 2025 increased 6.0% compared to June 2024. So far this year, consumption has increased 1.7% compared to the same period in 2024.
By Diana Delgado
- Coffee
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Daily Coffee Report 8/10/26
Daily coffee report
StoneX Coffee Team
- Coffee
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