Monday, February 21, 2011

Ethiopian Export news, commentary

Coffee Story: EthiopiaWith Ethiopia being of significance when it comes to specialty coffee, I do try and look for anything interesting about the country, and so I found: East Africa Forum » Coffee vs non-coffee commodities: "Ethiopia’s annual exports recently reached a never-before-seen level of USD 2 billion, a growth of 38 percent from the year before."

In this report there is good news exports are up 38%, and the largest importer of Ethiopian commodities is Switzerland, which is interesting, as that is also the capital of decaf coffee production.

So items of interest:

  • Ethiopia now has five major non-coffee exports (oilseeds, gold, khat, flower, and pulses)
  • Exports of goods in Ethiopia are only about 7 percent of the Gross Domestic Product (GDP), compared to an average of near 30 percent of GDP in Sub-Saharan Africa.
  • Coffee continues to dominate the top spot among Ethiopia’s exports but its relative significance is now at a historic low


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