Coffee Export News Today

Ethiopias coffee exports reached USD 716.35 million during the first eight months of the current fiscal year, according to the Ethiopian Coffee and Tea Authority.

Vietnam shipped 230,000 tonnes of coffee abroad in January, earning 623 million USD, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.

The exporters reckon the shipments in January and February to be down by 20 to 30 percent as not much consignments are going.

Mataram City is the only area that does not cultivate...

The Vietnamese coffee industry is confronting multiple challenges as foreign trade policies are no longer constrained by borders, aligning more closely with sustainable development regulations.

Vietnam’s coffee exports in the third quarter of this year will slow down because supply is no longer abundant, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.

In August 2023, Ethiopias coffee industry achieved a significant milestone as it garnered USD 140 million in revenue from exporting 27,000 tons of coffee.

The Ethiopian Coffee and Tea Authority secured over USD 11 million in export earnings from spices in the recently concluded Ethiopian Fiscal Year.

Ethiopian coffee exporters are benefiting from the growing demand for their product in China, as more Chinese consumers develop a taste for Ethiopian coffee.

Thanks to a trend of hiking in coffee prices, experts have predicted that this year’s export revenue of this product may exceed last year’s record of 4 billion USD.