ADDIS ABABA, July 4 (Xinhua) -- Ethiopia has earned a record 3 billion U.S. dollars from coffee exports during the concluding 2025/26 Ethiopian fiscal year, according to Adugna Debela, director general of the Ethiopian Coffee and Tea Authority.
The director general made the remarks at a media briefing on Friday, attributing the highest revenue to the export of high-quality and specialty coffee that commanded better prices at the global market.
"It is a pride for us to register such a remarkable result amid the conflict in the Middle East," said Debela, recalling that the conflict disrupted coffee shipments and logistic operations en route to the region and the Far East.
"During the year, 1 tonne of Ethiopian coffee was sold at 7,500 U.S. dollars at the global market, up from 6,000 U.S. dollars last year, while other coffee exporting countries received a 40 percent lower price compared to last year," said Debela, noting that the global coffee price per kg has declined to 2.4 dollars this year from 4 dollars last year.
Debela said the government's commitment to introducing sound reforms, curbing illegal and contraband trade, reducing wastage, and expanding market destinations has also greatly contributed to better revenue.
Saudi Arabia, Germany, and China have become the top three destinations for Ethiopian coffee exports during the year.
The director general said the country envisages generating up to 6 billion dollars annually in the coming five years.
According to a statement released at the press briefing, the authority said Ethiopia's annual coffee production has grown from 500,000 tonnes five years ago to 1.5 million tonnes this year, while the country's coffee-producing capacity per hectare has also risen from 600 kg to 1,000 kg during the period.
