Thursday, April 24, 2008

Ivorian March Cocoa Exports Rise 81% From Year Ago

April 21 (Bloomberg) -- Cocoa exports from Ivory Coast, the world's biggest producer of the chocolate ingredient, rose 81 percent in March. Shipments of coffee products, mainly soluble coffee produced by Nestle SA in Abidjan, rose to 1,451 tons, from 774 tons in March 2007.


I am wondering why there is a rise in Cocoa and Coffee exports, especially since food, gas and other products worldwide are so expensive. Maybe people can see cutting out certain food products like meat, or cut back on entertainment, travel and gas to save money, but will instead purchase little luxuries like chocolate or coffee to compensate.

1 comment:

L Wilder said...

Regardless of the economy folks will still eat chocolate and gravitate to their coffee.