May 16/2022 /ENA/ Ethiopia has earned 1.014 billion USD from coffee export over the last ten months, Coffee and Tea Authority revealed. Briefing journalists today Coffee and Tea Authority Director General, Adugna Debela said the performance registered has an increment of 400 million USD compared to the same period last year. According to the director-general, the achievement is remarkable in the history of Ethiopia’s coffee export trade. The measures taken to shift commercial coffee market to specialty coffee market and the rise of coffee price in the international market are key factors that contributed to the revenue secured during the stated period, he added. It was learned that the authority planned to export up to 300,000 tons of coffee till the end of the fiscal year.

Source: Ethiopian News May 17, 2022 07:06 UTC