Ethiopia has achieved remarkable success in its coffee export sector, earning $908 million over the past six months, surpassing its initial targets, the Ethiopian Coffee and Tea Authority (ECTA) revealed.
Shafi Umer, Deputy Director General of ECTA, announced at a media briefing that the country exported over 200,000 tons of coffee during this period. He credited the impressive results to increased production and productivity in the sector.
Comprehensive reforms implemented in recent years to enhance the quality, production, and productivity of Ethiopian coffee have played a pivotal role in achieving these milestones. These reforms, coupled with strong collaboration between the government and stakeholders, have significantly boosted export performance.
The original target for the six-month period was $714 million from the export of 133,000 tons of coffee. By exceeding both revenue and volume goals, Ethiopia has demonstrated the effectiveness of its reform initiatives.
As the birthplace of Arabica coffee, Ethiopia remains a dominant player in the global coffee market. The country earned over $1.4 billion from coffee exports in the previous fiscal year and aims to generate $2 billion in the current budget year by exporting more than 400,000 tons of coffee.
