Wednesday, July 9, 2025
  • Login
  • Register
StockMarket.et
Weekly Newsletter
  • News
    • Stock News
    • Business
    • Economy
  • Capital Market
    • Learn Stock Market
  • Crypto
    • Crypto News
    • Learn Crypto
    • Crypto Glossary
  • Tech
  • Regulation
  • Birr FX Rate
  • Publications
  • Tools
    • Stock Market Data
    • Birr FX Rate
  • Biritu l ብሪቱ
  • Data Hub
No Result
View All Result
  • News
    • Stock News
    • Business
    • Economy
  • Capital Market
    • Learn Stock Market
  • Crypto
    • Crypto News
    • Learn Crypto
    • Crypto Glossary
  • Tech
  • Regulation
  • Birr FX Rate
  • Publications
  • Tools
    • Stock Market Data
    • Birr FX Rate
  • Biritu l ብሪቱ
  • Data Hub
No Result
View All Result
StockMarket.et
No Result
View All Result

Ethiopia Sets New Coffee Export Record, Earning Over $1.5 Billion in Nine Months

StockMarket.et by StockMarket.et
April 19, 2025
in Business, Economy
Reading Time: 2 mins read
5 0
A A
0
Dr Adugna

Ethiopia has set a new benchmark in its coffee export history, generating a record-breaking US$1.5 billion in revenue during the first nine months of the current Ethiopian fiscal year.

The announcement came during a press briefing held on April 15 by H.E. Dr Adugna Debela, Director General of the Ethiopian Coffee and Tea Authority. Dr Debela confirmed that Ethiopia exported 299,607 tons of coffee, achieving 148% of the initial target set at 201,959 tons.

Related articles

Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

July 4, 2025
Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

July 4, 2025

In monetary terms, the country earned US$1.508 billion, surpassing the planned US$1.094 billion by 38%. This represents a dramatic increase compared to the same period last year — with volume up by 125,011 tons (72%) and revenue up by $672.44 million (81%).

Dr Debela also highlighted Ethiopia’s leading coffee export destinations. The top three importers were:

  • Saudi Arabia, which purchased 53,844 tons (18%) valued at $250 million (21%)
  • Germany, importing 51,107 tons (17%) for $232.5 million (20%)
  • United States, importing 23,344 tons (8%) worth $152.2 million (13%)

Other significant markets included Belgium, China, South Korea, the UAE, Japan, Italy, and Jordan.

Dr Adugna Debela reaffirmed the Authority’s dedication to boosting the global competitiveness of Ethiopian coffee through continued efforts in production improvement, quality assurance, and market diversification.

This achievement not only underscores the strength of Ethiopia’s coffee sector but also reinforces its vital role in the national economy.

Source: Global Coffee Report

Share6Tweet4Share1Share
StockMarket.et

StockMarket.et

Your Trusted Source for News, Insights, Analysis, and Updates on the Ethiopian Capital Market.

Related Posts

Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

by StockMarket.et
July 4, 2025
0

Hijra Bank has reported a 740% surge in annual profit, earning over 840 million birr during the 2024/25 fiscal year....

Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

by StockMarket.et
July 4, 2025
0

The Government of the Federal Democratic Republic of Ethiopia and the World Bank have signed a significant USD 1 billion...

AfDB Approves $50M Trade Finance Guarantee for Awash Bank to Support SME Growth

AfDB Approves $50M Trade Finance Guarantee for Awash Bank to Support SME Growth

by StockMarket.et
July 3, 2025
0

The African Development Bank (AfDB) has approved a $50 million trade finance guarantee for Awash Bank, Ethiopia’s largest private bank...

Ethiopia Concludes $3.5 Billion Debt Relief Deal with Official Creditors under G20 Common Framework

Ethiopia Concludes $3.5 Billion Debt Relief Deal with Official Creditors under G20 Common Framework

by StockMarket.et
July 2, 2025
0

In a major step toward stabilizing its public finances, the Ethiopian government has finalized a Memorandum of Understanding (MoU) with...

CBE Breaks Record with Over 515 Billion Birr in New Deposits, Total Reaches 1.69 Trillion Birr

CBE Breaks Record with Over 515 Billion Birr in New Deposits, Total Reaches 1.69 Trillion Birr

by StockMarket.et
July 2, 2025
0

The Commercial Bank of Ethiopia (CBE) has reported a major milestone for the 2024/25 fiscal year, mobilizing over 515 billion...

Load More
  • Trending
  • Comments
  • Latest
EIH Deputy CEOs on Ethiopian digital lottery inauguration

Ethiopia Launches Its First-Ever Digital Lottery

April 13, 2025
AliExpress Set to Enter Ethiopian Market, Signaling Major Shift in E-Commerce

AliExpress Set to Enter Ethiopian Market, Signaling Major Shift in E-Commerce

August 8, 2024
Prime minister Abiy Ahmed

Ethiopia Launches “Mesob” One-Stop Digital Service Center

April 27, 2025
east african stock exchange

East Africa Launches First Regional Stock Market Index – The EAE 20 Share Index

April 12, 2025
Ethiopia’s Capital Market Authority (ECMA) Launches Three Draft Directives to Strengthen Regulation of Capital Markets

Ethiopia’s Capital Market Authority (ECMA) Launches Three Draft Directives to Strengthen Regulation of Capital Markets

0
Ethiopia Enacts Proclamation to Establish Capital Markets System, Paving the Way for Economic Growth

Ethiopia Enacts Proclamation to Establish Capital Markets System, Paving the Way for Economic Growth

0
What is Cryptocurrency?

What is Cryptocurrency?

0
History and Evolution of Cryptocurrencies

History and Evolution of Cryptocurrencies

0
Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

Hijra Bank Posts 740% Profit Surge, Earns Over 1.8 Billion Birr in 2024/25 Fiscal Year

July 4, 2025
Ethiopia’s Interbank Money Market Sees ETB 9.68 Billion in Weekly Trades as Interest Rates Decline

Ethiopia’s Interbank Money Market Sees ETB 9.68 Billion in Weekly Trades as Interest Rates Decline

July 4, 2025
Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

Ethiopia, World Bank Ink $1 Billion Deal to Support Economic Reform and Inclusive Growth

July 4, 2025
AfDB Approves $50M Trade Finance Guarantee for Awash Bank to Support SME Growth

AfDB Approves $50M Trade Finance Guarantee for Awash Bank to Support SME Growth

July 3, 2025

Empower individuals with the knowledge and tools necessary for successful participation in the Ethiopian Capital Market.

NEWS

  • Markets
  • Business
  • Economy
  • Tech

IN DEPTH

  • Magazine
  • Interview
  • Opinion

EXPLORE

  • Data Hub
  • Biritu I ብሪቱ
  • Newsletter
  • Birr FX rate

Mobile Apps 

StockMarket Weekly

Stockmarket.et covers economy, business, finance and capital market. 

Haile Kenenisa
Haile [email protected]
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

© 2025 StockMarket.et by PiSpace

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
No Result
View All Result
  • News
    • Stock News
    • Finance
    • Crypto News
    • Regulation
  • Learn
    • Learn Stock Market
    • Learn Crypto
    • Crypto Glossary
  • Market Data
    • Stock Market Data
  • Business
  • Publications
  • Data Hub
  • Birr FX Rate
  • Biritu l ብሪቱ
  • Contact Us
  • Login
  • Sign Up

© 2025 StockMarket.et by PiSpace.

Weekly Newsletter
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms & Conditions and Privacy Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00