The latest report by the United States Department of Agriculture puts Ethiopia as the world’s 6th largest coffee producer for the 2010/2011 crop year.

According to the report, Ethiopia has produced about 4,400 bags of coffee (264,000 kg).

The top five coffee producing countries in the list are Brazil (54,500 bags), Vietnam (18,725 bags), Colombia (9,500 bags), Indonesia (9,325 bags) and India (5,100 bags).  

Ethiopia is followed by Honduras (4,000 bags), Peru (4,000 bags), Guatemala (3,910 bags) and Mexico (3,700bags).

Late in July the government of Ethiopia declared that the country had earned 841.6 million dollars from the export of about 200,000 tonnes of coffee in 2010/2011 fiscal year.

The country is planning to raise its coffee production to 700,000 tonnes from 300,000 tonnes over the coming four years.

Experts say that the increase in the quantity of coffee exported from Ethiopia was due to the introduction in 2008 of a commodity exchange market, which promoted transparent trading, and rising global commodity prices.

Source: Bloomberg