Ethiopia’s Coffee and Tea Authority (ECTA) revealed that the country generated a record-breaking USD 1.43 billion in revenue from coffee exports during the 2023/24 fiscal year. This milestone marks the highest revenue Ethiopia has ever earned from its coffee industry.

In the last fiscal year, Ethiopia exported 299,000 tons of coffee to multiple international markets. Saudi Arabia, the United States, Germany, Belgium, and South Korea were among the top destinations for Ethiopian coffee.

Mr. Sahle-Mariam Gebre-Medihn, Head of Public Relations and Communications at ECTA, highlighted ongoing efforts to further boost income from coffee exports. Key strategies include improving coffee quality, optimizing the marketing chain, and maximizing foreign currency earnings. These initiatives are part of the authority’s broader plan to enhance Ethiopia’s position in the global coffee market.

Source: Fana BC