Ethiopia coffee exports earn $878.5M
Revenue increased 15% in three months as China became the third-largest buyer of Ethiopian beans.
Ethiopia generated US$878.52 million from coffee exports in the first three months of its fiscal year, a 15% rise from the same period last year. During this period, the country shipped 131,069.51 tonnes of coffee, meeting 91% of its export volume target. China has emerged as the third-largest buyer, purchasing 15,125.54 tonnes worth US$103 million.
Saudi Arabia remained the top destination, buying 28,362.77 tonnes for US$196.85 million, while Germany was second with 22,924.18 tonnes valued at US$136.69 million. The Ethiopian Coffee and Tea Authority stated that the improved performance is due to better coffee quality, increased technology adoption, and coordinated stakeholder efforts.
The Authority plans to intensify efforts to boost coffee export volumes and earnings and access more international markets. Coffee is a major pillar of Ethiopia's agriculture-based economy, supporting export earnings and livelihoods across the sector.
Why it mattersEthiopian farmers and the agriculture sector benefit from increased export earnings and efforts to expand market access.