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Ethiopia earns record 3 bln USD from coffee exports

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Ethiopia earns record 3 bln USD from coffee exports

2026-07-05 16:29 Last Updated At:07-06 13:29

Ethiopia has earned a record 3 billion U.S. dollars from coffee exports during its concluding 2025/26 fiscal year, according to Adugna Debela, director general of the Ethiopian Coffee and Tea Authority.

The director general made the remarks at a media briefing on Friday, attributing the highest revenue to the export of high-quality and specialty coffee that commanded better prices at the global market.

"It is a pride for us to register such a remarkable result amid the conflict in the Middle East," said Debela, recalling that the conflict disrupted coffee shipments and logistic operations en route to the region and the Far East.

During the year, 1 ton of Ethiopian coffee was sold at 7,500 U.S. dollars at the global market, up from 6,000 U.S. dollars last year, while other coffee exporting countries received a 40 percent lower price compared with last year, according to Debela, noting that the global coffee price per kilo has declined to 2.4 dollars this year from 4 dollars last year.

Debela said the government's commitment to introducing sound reforms, curbing illegal and contraband trade, reducing wastage, and expanding market destinations has also greatly contributed to better revenue.

Saudi Arabia, Germany, and China have become the top three destinations for Ethiopian coffee exports during the year.

The director general said the country envisages generating up to 6 billion dollars annually in the coming five years.

According to a statement released at the press briefing, the authority said Ethiopia's annual coffee production has grown from 500,000 tons five years ago to 1.5 million tons this year, while the country's coffee-producing capacity per hectare has also risen from 600 kg to 1,000 kg during the period.

Ethiopia earns record 3 bln USD from coffee exports

Ethiopia earns record 3 bln USD from coffee exports

Ethiopia earns record 3 bln USD from coffee exports

Ethiopia earns record 3 bln USD from coffee exports

Qatar said Tuesday that negotiations and exchanges of messages among parties to the regional conflict are continuing through the country and its regional partners.

Ibrahim bin Sultan Al-Hashmi, director of the media and communications department at Qatar's Foreign Ministry, said at a weekly media briefing that Qatar could not disclose details of the ongoing diplomatic exchanges but confirmed that talks were continuing.

The scale of this conflict and the magnitude of the price that the whole world is paying require Qatar to put its best efforts to end this immediately through a negotiable solution on the negotiation table, Al-Hashmi said.

He added that negotiations had taken into consideration the concerns of the various parties, without specifying details.

On the same day, Qatari Emir Sheikh Tamim bin Hamad Al Thani met visiting Iranian Interior Minister Eskandar Momeni and discussed the latest regional developments and efforts to de-escalate tensions.

Sheikh Tamim met Momeni and his delegation at the Amiri Diwan, the emir's administration office, in Doha, according to a statement from the Amiri Diwan.

Conflict between the United States and Iran has dragged on for more than seven months, with no breakthrough in sight.

Qatar says negotiations, message exchanges ongoing to end regional conflict

Qatar says negotiations, message exchanges ongoing to end regional conflict

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