Ethiopia generated USD 521.98 million from the export of 115,851.77 tons of coffee, tea, and spices in the first quarter of the current fiscal year. This achievement exceeded Ethiopian Coffee and Tea Authority's initial target of USD 427.10 million from 83,294.25 tons.
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The Ethiopian Coffee and Tea Authority (ECTA) has unveiled a strategic plan to significantly enhance the country's tea, spice, and coffee production. ECTA’s Director General, Dr. Adugna Debela, outlined key initiatives aimed at expanding these agricultural sectors, with a focus on both improving quality and increasing output to capture new markets.
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Ethiopia's tea industry has experienced a growth spurt in the 2023/24 fiscal year, with exports exceeding 1,142 tons and generating over USD 2 million in revenue. This represents a substantial increase of 292 tons compared to the previous year.
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Ethiopia secured over USD 196 million from the export of 42,322 tons of coffee in just one month, setting a new record for foreign currency earnings, according to the Ethiopian Coffee and Tea Authority.
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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.
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