China becomes fourth-largest importer of Ethiopian coffee - Capital Business
Connect with us

Hi, what are you looking for?

Coffee Plantation

Africa

China becomes fourth-largest importer of Ethiopian coffee

ADDIS ABABA, Oct. 24 (Xinhua) — China has become the fourth-largest importer of Ethiopian coffee, up from seventh position two years ago, said Shafi Umer, deputy director general of the Ethiopian Coffee and Tea Authority.

During the first quarter of Ethiopia’s current fiscal year, which began on July 8, the country exported about 9,470 tonnes of coffee to China, earning 65.49 million U.S. dollars, Umer told Xinhua recently.

“The revenue earned from coffee exports to China during the first three months of the current fiscal year saw nearly a seven-fold increase compared to the income generated during the same period last year,” Umer said.

He attributed the increase in coffee exports to China to shipments of organic coffee and improved delivery services, which meet the growing demand of Chinese consumers for high-quality coffee.

Germany, Saudi Arabia, and Belgium remained the top destinations for Ethiopian coffee exports during the last three months, while China, the United States, South Korea, the United Arab Emirates, Japan, Italy, and Russia followed as the next seven largest markets, according to data from Ethiopian authorities.

Visited 75 times, 1 visit(s) today

More on Capital Business

World

Walmart joins an elite club of mostly tech firms, including Nvidia and Alphabet, with valuations over $1tn.

Technology

Under the new regulations, cars will only be allowed to be sold if they have a mechanical release both on the inside and outside...

World

The announcement came after Prime Minister Sir Keir Starmer met President Xi Jinping in Beijing, as he became the first British leader to visit...

Kenya

NAIROBI, Kenya, Jan 27 – The Chancellor of the Co-operative University of Kenya, Benard Chitunga, has attributed the economic success of Singapore and China...

World

JAN 26 – Chinese officials said a recent trade agreement with Canada is not meant to undercut other countries, after Donald Trump threatened to...

Technology

JAN 24 – Every month, hundreds of millions of users flock to Pinterest looking for the latest styles. Click here to connect with us...

World

  Click here to connect with us on WhatsApp JAN 19 – China says its economy grew by 5% last year, as record exports...

World

China is expected to lower levies on Canadian canola oil from 85% to 15% by 1 March, while Ottawa has agreed to tax Chinese...