Ethiopia is aiming to increase coffee export to USD 4.6 billion within 15 years and its global coffee market share to 1.26 million Metric Tons by 2033, accoding to Ambassador Zenebe Kebede. The Ambassador revealed the plan during a Coffee Tasting Program in Geneva which was organized by the International Trade Center (ITC). Ambassador Zenebe is the Permanent Representative of the Permanent Mission of the Federal Democratic Republic of Ethiopia to the United Nations Office and other international organizations in Geneva.

According to the Ambassador, by increasing the export volume, Ethiopia is also planning to increase its farmers’ income from the product to USD 3.5 billion and provide employment opportunity for 2.7 million people.

Ethiopia exported 300,000 tons of coffee to the international market and obtained a record USD 1.4 billion during the 2021/2022 fiscal year. The success was attributable to some measures which were implemented to boost the trade such as modernizing the logistics service and facilitating loans to coffee exporters and suppliers.

Ambassador Zenebe Kebede also discussed Ethiopia’s accession process to the World Trade Organization at the ceremony and called the ITC to continue its support for the speedy completion of Ethiopia’s accession to the organization.

Source: Walta Media Communication Corporate and Fana BC