Ethiopia has earned a whopping $426.15 million from coffee exports in the first three months of 2022–23 FY, a 30% rise over the same months last year.
Among the export destination, the lion’s share (21%) went to Germany, which purchased 14,934.75 tons of coffee for $72.05 million. Saudi Arabia (over 11%) and Belgium (11%), having purchased 8,991.94 tons and 6,981 tons took the second and third position, respectively.
The rest in the top 10 include:
- South Korea
Countries in the top ten procured 82% of Ethiopia’s three-month coffee export volume and contributed to 82% of total revenue.
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