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Ethiopia Secures $417 Million from Coffee Export in four Months

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Ethiopia Secures $417 Million from Coffee Export in four Months

ceraliacoffeeET February 9, 2022 No Comment


Ethiopian Coffee & Tea Authority planned to export 92, 107.4 tons of coffee to the international market and collect over $310 million in the first four months of the 2021/22 Fiscal Year, that started in July 8.

The country, however, has secured $417 million revenue after exporting a total of 108,608.0 tons of coffee, achieving 134% and 118% of its the targets set in terms of value and volume, respectively.

Comparing the results with the same period of the previous year, the volume of coffee export has grown by 41, 352.1 tones while the revenue jumped by 186.47 million dollars.

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    Cerealia Coffee’s parent company, ROMEL General Trading PLC started exporting green coffee in 2011. Since then, Cerealia coffee has grown to be prominent in the coffee export sector.

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