Tridge summary
Ethiopia's coffee exports have generated US$835.2 million in the first nine months of the current fiscal year, with 174,596 tons shipped. The country aims to reach US$1.75 billion by the end of the fiscal year, an increase from over US$1.3 billion the previous year. Major importers include Saudi Arabia, South Korea, the United States, Germany, Japan, and China, with new markets such as the United Arab Emirates, Sudan, and China now actively participating.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Ethiopia's coffee exports generated revenue of US$835.2 million in the first nine months of the current fiscal year (starting July 8, 2023), according to the Ethiopian Coffee and Tea Authority (ECTA). Shafi Umer, deputy director general of ECTA, stated that, during the period, the country shipped 174,596 tons of coffee to world markets. In the previous fiscal year, Ethiopia recorded more than US$1.3 billion from coffee exports. Now, by the end of the current fiscal year, this value should reach US$1.75 billion. Currently, the main destinations for the grains are Saudi Arabia, South Korea, the United States, Germany, Japan and China. According to ...
Source: Cafepoint
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