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MILAN – Coffee shipments from Ethiopia, Africa’s first producer and second exporter of the commodity, have considerable slowed down in the last ten months, according to a report from the Ethiopian Trade Ministry.
In the report, issued on Friday, the ministry said that Addis Ababa had exported 136,000 tons of coffee worth $489.28 in the last ten months.
According to the trade ministry, coffee exports declined by 8.79 percent and revenues by 15.8 percent in the last ten months compared to the same period of 2013.
The ministry cited power disruption, delay in business deals and market price fluctuation for the decrease in coffee exports.
The biggest market for Ethiopian coffee is Germany, which imported $95.75 worth coffee during the last ten months, according to the ministry report.
Saudi Arabia was the second largest market followed by the United States, Belgium, Sudan and Britain.
Source: World Bulletin
