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Ethiopia will intensify coffee exports to China

Ethiopia will intensify coffee exports to China

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Ethiopia is the world’s seventh largest producer of coffee and could well use the business opportunity in China. Ethiopian consume half of their coffee as the Horn of Africa country leads the continent in domestic consumption. The other half is distributed to its major markets in the European Union (EU), East Asia and North America.

Ethiopia could kick start the New Year with intensified coffee output to supply the growing demand of the commodity in China. The coffee market in the East Asian nation is expected to rise in the coming years, offering a potential business opportunity to coffee producers and exporters.

Ethiopia Exports to China was $88.69 million during 2016, according to the United Nations COMTRADE database on international trade. According to the Ethiopian Ministry of Trade, during the previous Ethiopian 2017-2018 fiscal year that ended on July 8, Ethiopia had exported $245 million of goods to China. The figures could as well increase this year with more engaging trade relations between the two states.

Bethlehem Alemu, an Ethiopian entrepreneur has established her print globally and China as well. She plans to take the China market by storm with her fastest growing business in the world, Garden of Coffee.

By 2022, the company is hoping to have over 100 café roasteries across China but the figure may increase to 300 by 2021 with the rapidly growing demand. The company plans to have as well a subscription service that would enable customers to receive their favourite coffee in two to three weeks of making an order.

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