Ethiopia’s coffee exports have reached a record high, driven by strong global demand and favourable market conditions. The country’s coffee industry has seen significant growth, contributing to economic development and supporting rural livelihoods.
Ethiopia Coffe and Tea Authourity (ECTA) on Wednesday revealed that Addis Ababa has achieved a significant milestone in its coffee industry with record-breaking exports in both volume and revenue. According to the latest data, the country’s coffee exports have surged, driven by strong global demand and favourable market conditions.
The increased volume has resulted in a substantial rise in revenue, contributing to the country’s economic growth.
Strong demand from international markets has driven the growth in Ethiopia’s coffee exports.
The record exports are expected to have a positive impact on Ethiopia’s economy, supporting rural livelihoods and contributing to foreign exchange earnings.
The achievement highlights the potential for further growth and development in Ethiopia’s coffee industry.
However, efforts will be needed to sustain the growth momentum and ensure the long-term viability of the industry, exploring new markets, and diversifying export destinations could further boost Ethiopia’s coffee exports.