Tuesday 23 July 2024
  • La Cimbali

Ethiopia exports 43,481.02 tons of coffee in May, exceeding its target by 105%

The export figures for May also show an improvement compared to the same month in the past two fiscal years. In the first 11 months, Ethiopia has exported a total of 252,466.98 tons of coffee, generating USD 1.208 billion

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ETHIOPIA – In May, Ethiopia exported 43,481.02 tons of coffee, exceeding its target by 105%, as reported by 2Merkato.com and the Ethiopian Coffee and Tea Authority. This achievement brought in USD 209.54 million in revenue, exceeding the planned income by 107%.

Ethiopia’s coffee exports show strong performance in May

The export figures for May also show an improvement compared to the same month in the past two fiscal years. In the first 11 months, Ethiopia has exported a total of 252,466.98 tons of coffee, generating USD 1.208 billion.

Dr. Adugna Debela, Director General of the Ethiopian Coffee and Tea Authority, acknowledged the contributions of all stakeholders.

During the previous fiscal year, the country earned USD 1.3 billion in revenue from the export of around 240,000 tons of coffee.

Some of the destinations for Ethiopian coffee include Germany, USA, South Korea, Japan, Belgium, China, United Arab Emirates, and Italy. Ethiopia exports its coffee to above 50 countries.

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