Ethiopia’s coffee exports soar, generates $1.43 billion in revenue

According to a statement by the Ethiopian Coffee and Tea Authority (ECTA), the East African country exported 298,500 tonnes of coffee during the 2023/24 fiscal year that ended in July 2024.

As seen in a report by the East African, the ECTA confirmed that in June, the country exported 46,000 tons of coffee, creating a record $218 million in income.

During the fiscal year, before the last, the country made $1.3 billion from the coffee trade, exporting around 240,000 tonnes of coffee.

Source: TRADE FINANCE