ADDIS ABABA, Ethiopia – Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year.
According to Ethiopian Coffee & Tea Development and Marketing Authority, it has accomplished 92 per cent of its set goal to increase coffee exports.
It is a very great achievement compared to nation’s previous years’ coffee export performance.
Comparing to the coffee export volumes of 2015/16, there had been 11.5 Per cent growth in the coffee exports during the just concluded fiscal year 2016-17.
Plus ,the foreign earning from coffee has raised by 20 percent due to the global coffee price hikes.
In a recent exclusive interview with The Ethiopian Herald, Market Development and Promotion Directorate Director Dassa Daniso said: ” Ethiopian Coffee has been imported to over 60 countries. But, this year, 57 countries have imported our coffee, particularly, 86 per cent ofthe total coffee exports destined for Germany, Saudi Arabia, Japan, USA, Belgium, Sudan, South Korea, among others.”
According to him, Germany alone had imported 18 per cent of the Ethiopian coffee during the reported period.
Alazar Shiferaw
