Ethiopia earns nearly 1.87 bln USD from coffee export in 10 months

Addis Ababa: Ethiopia has earned 1.868 billion U.S. dollars from coffee export over the past 10 months, the highest ever revenue in the same period, t...

Addis Ababa: Ethiopia has earned 1.868 billion U.S. dollars from coffee export over the past 10 months, the highest-ever revenue in the same period, the Ethiopian Coffee and Tea Authority (ECTA) disclosed Wednesday.

The East African country exported 354,302 tonnes of coffee to the global market during the first 10 months of the current Ethiopian 2024/2025 fiscal year that started on July 8, 2024, the authority said in a statement sent to Xinhua.

The export performance saw a 70 percent increase in volume and an 87 percent growth in revenue compared to the same period last fiscal year, Adugna Debela, director-general of ECTA, was quoted as saying.

Germany, Saudi Arabia, and the United States have been ranked as the top three destinations for Ethiopian coffee export during the stated period.