Ethiopia's Coffee Exports Surpass Expectations, Hitting Almost $1 Billion – CoffeeTalk

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Ethiopia’s coffee export revenue has reached $988 million, surpassing both volume and revenue targets over the past six months, according to the Ethiopian Coffee and Tea Authority. The country exported 240,260 tonnes of coffee, exceeding the set target of 133,063 tonnes, and generated $988 million in revenue, well above the forecasted $714 million for the period. The surge is attributed to the rise of Nekmet coffee, a fast-growing brand that now accounts for 90% of Ethiopia’s coffee exports. Germany, Belgium, and Saudi Arabia remain Ethiopia’s largest coffee buyers, highlighting the strong demand for specialty beans in Europe and the growing coffee culture in the Middle East. Ethiopian coffee is often sold at premium prices due to its complex flavors, high-altitude growing conditions, and rich heritage.

Improving logistics, including better road networks, cold-storage facilities, and digitised customs procedures, has helped reduce delivery times and lower operational costs for exporters. The Ethiopian government has also focused on improving coffee quality and sustainability, investing in training for farmers and encouraging eco-friendly farming practices. Many coffee producers have adopted shade-grown cultivation and sustainable processing methods to meet international standards and secure premium prices.

However, the country faces challenges as its recent decision to float the currency has raised the cost of imports like fertilisers and machinery. Officials remain optimistic, noting that strong coffee earnings will help mitigate the impact of rising import costs. The Ethiopian Coffee and Tea Authority plans to expand irrigation systems, enhance productivity through better seedlings, and boost global marketing efforts.

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Source: Coffee Talk

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