{"id":777991,"date":"2026-07-03T16:45:18","date_gmt":"2026-07-03T16:45:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/777991\/"},"modified":"2026-07-03T16:45:18","modified_gmt":"2026-07-03T16:45:18","slug":"ethiopia-hits-an-all-time-high-in-trade-revenue-for-one-of-its-most-important-exports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/777991\/","title":{"rendered":"Ethiopia hits an all-time high in trade revenue for one of its most important exports"},"content":{"rendered":"<p>&#13;<br \/>\n        The information was revealed by the Ethiopian Minister of Agriculture, Addisu Arega, who noted that the breakthrough is a result of the combined efforts of farmers, exporters, cooperatives, investors, and government institutions working across the coffee value chain.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Ethiopia has successfully achieved its target of USD 3 billion in coffee export earnings this fiscal year. Congratulations to everyone who contributed to this historic achievement,\u201d the minister stated via X&#13;\n    <\/p>\n<p>&#13;<br \/>\n        &#8220;It is accomplished! Ethiopia has successfully achieved its target of generating three billion USD from coffee exports this budget year. Congratulations to all!\u201d&#13;\n    <\/p>\n<p>&#13;<br \/>\n        This milestone highlights the country\u2019s rapid transformation of one of its most crucial industries, with earnings reaching unprecedented levels after several years of sustained growth.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Ethiopia\u2019s coffee export revenue has been on an upward trend for a few years now, going from $1.4 billion in 2023 to $1.43 billion in 2024.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        This growth continued last year when export earnings jumped to $2.65 billion, before climbing to a record $3 billion during the current fiscal year.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        In February, it was reported <a href=\"https:\/\/africa.businessinsider.com\/local\/markets\/russia-ethiopia-trade-racks-dollar435-million-in-coffee-and-machinery-sales\/zg3lerw\" id=\"d189cac4-349c-44b3-96a1-0dc97f308ca3\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">that coffee exports<\/a>, alongside textiles and flowers, constituted a significant portion of the $435 million trade between Russia and Ethiopia in 2025.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        According to the Russian Ambassador to Ethiopia, Evgeny Terekhin, Ethiopia\u2019s coffee exports to Russia rose from about $46 million in 2024 to an inflation-adjusted $123 million in 2025.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Import volumes more than doubled over the same period, climbing from 8,300 tonnes to approximately 18,300 tonnes.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        The country\u2019s current administration contributed to the growth of the coffee trade by prioritizing local coffee processing to capture greater value before export.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Alongside this, investments in quality control systems, product traceability, and certification have helped position Ethiopian coffee to meet rising international demand for premium, sustainably sourced products.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        As seen on <a href=\"https:\/\/www.ena.et\/web\/eng\/w\/eng_9151027\" id=\"4bf74302-5807-48f0-8083-39f7cc67a7c8\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Ena<\/a>, Ethiopia has a distinct edge in the international market since it is the origin of Arabica coffee.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Its wide genetic diversity of coffee plants and long-standing reputation for producing distinctive, high-quality beans continue to draw specialty coffee buyers from throughout the world, cementing the country&#8217;s place as a key supplier.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        As mentioned earlier, Ethiopia&#8217;s long-term coffee strategy now includes sustainability as a crucial element.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        To boost biodiversity, rehabilitate damaged landscapes, and increase the resilience of coffee-growing regions against the impacts of climate change, the nation has planted millions of coffee seedlings alongside native tree species under the Green Legacy Initiative.&#13;\n    <\/p>\n","protected":false},"excerpt":{"rendered":"&#13; The information was revealed by the Ethiopian Minister of Agriculture, Addisu Arega, who noted that the breakthrough&hellip;\n","protected":false},"author":2,"featured_media":777992,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-777991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/777991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=777991"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/777991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/777992"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=777991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=777991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=777991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}