Ethiopian coffee exports earn more than $500 million in two months
Africanews · Just In
Africanews
Just In
Ethiopia’s coffee industry has made a strong start to the fiscal year, exporting 80,000 metric tonnes of coffee in just two months. That’s brought in more than $540 million.
Breakdown
- Ethiopia exported 80,000 metric tons of coffee in two months, earning over $540 million. 6s
- Last fiscal year, coffee exports reached 470,000 tons, valued at $2.2 billion. 14s
- Supply chain reforms allow producers to sell directly to international buyers. 20s
- New washing and grading centers have improved coffee quality. 33s
- Ethiopia aims to increase exports to 600,000 tons and revenue to $3 billion annually. 45s