
Daily Coffee Report 8/10/26
Daily coffee report

- Coffee
By: Diana Delgado, Contractor

Vietnam's Coffee Exports to Colombia Skyrocket, Brazil Still Dominates Share
Bogota (Coffee Network)- Colombian coffee imports were dominated by Brazil in the first half of the year, yet there was a strong jump of Vietnamese coffee into Colombian land.
Colombia imported a total of 21,358 tonnes of coffee in January-June, a drop of 15.1% from the same period last year, according to figures from the Ministry of Commerce, obtained by Coffee Network. Coffee imports were valued at $129.7 million CIF, up 88% on the year.
Brazil dominated the imports of coffee into Colombian territory. Brazil contributed with the 60.8% of the total with 13,004 tonnes in the first half, down from 17,442 tonnes in the same period last year, Ministry figures showed.
Yet those figures do not reflect yet the large influx on Brazilian coffee seeing since May and June.
Peru was next contributing with 22.3% of the total or 4,766 tonnes, down from 7,342 tonnes in the same period last year.
Vietnam was next jumping to 2,392 tonnes in January-June, almost 22 times higher the 110 tonnes imported in the same period last year.
Mexico sent 215,6 tonnes of coffee to Colombia, up from 47.9 tonnes in the same period last year.
Finally, Ecuador contributed with 270.4 tonnes, up from 95.2 tonnes in the same period last year.
Large Influx
Yet Colombia is expected to see a large influx of foreign coffee mainly from Brazil Colombian coffee as the start-up of tariffs to enter the US has prompted Brazilian coffee entering Colombia to get reexported from Colombia to take advantage of lower tariffs, analysts and traders explained.
Colombia has been importing larger amounts of coffee since May, according to figures from the coffee grower’s federation
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. In May, it imported 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.
By Diana Delgado
Figures from the country’s Ministry of Commerce and Industry
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Daily coffee report


August 10 – The world commodity markets and economy remains at risk amid two wars this morning. Tensions continue to escalate in both the Middle East and the Black Sea – risking pulling other countries into the conflicts. Stocks are down modestly this morning as we start a week of trade in which we’ll see key inflation and retail sales data following a weak jobs report this past Friday. Yet, stocks continue to trade just below record high levels, with the VIX trading near 2026 lows just above 15. The dollar index is trading near 99.7. Yields on 10-year Treasuries are trading near 4.68%, while yields on 2-year Treasuries are trading near 4.23%. The energy and food-based markets are firmer today amid the escalated risks. WTI crude oil is trading near $80, while Brent trades near $85 per barrel. Double-digit gains in the winter wheat markets lead the way for higher grain and oilseed prices.


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