Ethiopia coffee exports earn over $870 million
Earnings rose 15 percent year-on-year, with China becoming a top buyer.
Ethiopia's coffee exports generated more than $870 million in the first quarter of the current fiscal year, a 15 percent increase from the previous year.
The Ethiopian Coffee and Tea Authority reported that over 131,000 tonnes of coffee were shipped internationally, with China alone importing more than 15,000 tonnes, making it the third-largest market.
While the earnings surpassed last year's figures, they slightly missed the authority's projections for the period.
Why it mattersEthiopia's coffee earnings increased, with China now a significant export destination.