Ethiopia earns 835 mln USD from coffee export in 9 months - News Summed Up

Ethiopia earns 835 mln USD from coffee export in 9 months


ADDIS ABABA, May 7 (Xinhua) -- Coffee exports have brought Ethiopia 835 million U.S. dollars in revenue over the past nine months, an industry institution said Tuesday. Data from ECTA show that China, the United Arab Emirates and Sudan are among the countries that are becoming top destinations of Ethiopian coffee. Saudi Arabia, South Korea, the United States, Germany and Japan are the major destinations of Ethiopia's coffee exports over the years. Regarded as the origin of Arabica coffee, Ethiopia is one of Africa's largest producers and exporters of coffee. During the previous Ethiopian 2022/23 fiscal year, the country earned 1.3 billion dollars in revenue from the export of around 240,000 tons of coffee.


Source: Ethiopian News May 07, 2024 17:23 UTC



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