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Ethiopia Secures $906 Mn from Coffee Export

coffee-beans-roastedEthiopia's Ministry of Agriculture said it has collected $906 million from coffee export in the Ethiopian fiscal year concluded on July 7, 2021.

Oumer Hussein, Ethiopia's Minister of Agriculture, said the amount has been obtained from 248,000 tons of coffee Ethiopia exported to several countries.

The amount has shown an increase of over six percent compared to last year's earning $854.21 million from coffee exports the previous year. The amount of coffee exported, however, has shown a slight decline from the previous year's 271,000 tons.

“The value is record-high that Ethiopia has [ever] registered. I remain indebted to all who put their stake in this spectacular achievement,” Mr. Oumer said.

Source: FBC