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Eramet to invest $350M in Argentina lithium expansion

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World Day: Top Coffee Producers and Consumers

Today, the world celebrates International Coffee Day, amid expectations that global consumption during the 2026/2027 season will reach a record 179.7 million 60-kilogram bags. The coffee market has experienced disruptions due to the imposition of tariffs, particularly when former U.S. President Donald Trump announced tariffs on Brazilian coffee, reaching 50% in 2025. This affected the market and prices, although coffee was later exempted from some of these tariffs, easing pressure on exporting countries like Vietnam and Colombia. Since the start of 2026, the coffee price index has fallen by 12.1%, and shipments of Brazilian coffee to the United States decreased by 21.6% over the first eight months of the year due to trade uncertainty. Brazil leads the list of the largest Arabica producers with 38 million bags, while Vietnam and five other countries top Robusta production, with the two biggest exporters being Brazil and Vietnam. The largest importers are the European Union and the United States, with significant consumption in Arab countries such as Egypt and Saudi Arabia.

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The Economy News page on Jarayid.com provides up-to-date coverage of major economic developments across the Arab world and globally, including markets, banking, companies, oil and energy, trade, investment, real estate, jobs, and inflation. We summarize important economic news and reports from trusted sources in a clear and concise format, helping readers quickly understand the trends, decisions, and events shaping economies, businesses, and financial markets.

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