For the first seven months of the fiscal year, beginning in July, the sector surpassed the authorities’ export targets in terms of both value and volume. The country produced $451.33 million from 137,048.3 tons of coffee. Ethiopia’s Coffee and Tea Authority announced on Wednesday that the country earned $645.1 million from the shipment of 162,818 tonnes of coffee. Revenue and volume increased by more than $299 million over the same time last year.
Ethiopian coffee exports continue to be dominated by Germany. In the top 10 destinations for Ethiopia coffee, Saudi Arabia and Japan are ranked second and third, respectively.
In the same period, more than 24,563 tons of coffee worth $86.14 million were exported to Saudi Arabia, while Japan purchased 17, 239.25 tons of Ethiopian coffee for $65.79 million. The top ten destinations for Ethiopian coffee are Belgium, the United States, South Korea, Italy, China, France, and Taiwan, in that order. The ten countries accounted for 82 percent of total coffee exports, with income accounting for 81 percent of overall revenue in the previous seven months.
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