Ethiopia earns U.S.$ 1 billion from coffee export in ten months

Published 2024년 6월 3일

Tridge summary

The Ethiopian Coffee and Tea Authority (ECTA) announced that coffee exports have generated 1 billion USD in revenue over the past ten months of the current fiscal year. General Director Adugna Debela noted that 210,000 tons of coffee were exported to over 50 countries, showing a significant increase from the previous year. Efforts to expand market reach and promote Ethiopian coffee through fairs and exhibitions have led to notable increases in exports to China, South Korea, Sudan, and the UAE. Measures to curb illegal coffee trade and enhance foreign trade performance have also been implemented. Major importers of Ethiopian coffee include the U.S., Japan, Belgium, Germany, and Saudi Arabia.

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Original content

Addis Ababa — Ethiopian Coffee and Tea Authority (ECTA) disclosed that coffee exports have brought 1 Billion USD to the country in revenue in ten months of the current fiscal year. General Director of the Authority Adugna Debela told ENA Ethiopia's coffee export is increasing every year. About 210,000 tons of coffee has been exported to the global market over the past ten months, he added. This shows significant increment compared to the same period of last year, it was indicated. Noting the nation has exported coffee to more than 50 countries he said, adding that efforts are being made to expand the destination countries for Ethiopian coffee. On other hand, coffee promotion work is being done by organizing coffee fairs and other activities in different countries. "In terms of finding new global markets, we participated in a lot of exhibitions. We have been encouraging our suppliers and exporters to participate in exhibitions held in different countries. Currently, China, South ...

Source: All Africa