(Ecofin Agency) - In 2016/17, the global coffee output stood at 122.45 million bags, thus 4.8% more than last year, the International Coffee Organization (ICO) revealed. 

In detail, the institution explains that exports of the Arabica variety soared by 7.9% to 77.52 million bags, while Robusta exports slumped by 0.2% to 44.93 million bags. 

Moreover, ICO reveals, the beans exports reached their highest level in eight years, last June, standing at 25.4 million bags. 

Coffee, it should be recalled, is mainly exported by Brazil, Columbia, Indonesia, Vietnam, Ethiopia, Honduras, Uganda, Peru and Guatemala. 

Espoir Olodo