Ethiopia’s coffee exports have hit a record $1.87 billion in just 10 months, soaring past expectations by 142% as global arabica prices rise. The boom follows a dip in Brazil’s production and reflects Addis Ababa’s strategic investments in the sector, particularly through the provision of support to smallholders. According to experts, the government’s proactive policies are paying off, positioning the country as a strong player in the global coffee market. Ethiopia also stands to benefit from upcoming US tariffs on Vietnamese coffee, as American importers look to shift sourcing. With rising demand and favorable global conditions, Ethiopia’s coffee sector is set to play an even bigger role in delivering foreign exchange to the country’s coffers.
SEMAFOR
