Ethiopia targets $3 billion in coffee export revenue this fiscal year.
Government plans to export 600,000 tonnes of coffee during the fiscal year.
First six months exports reached 200,000 tonnes, generating $1.35 billion.
Export volume achieved 74% of planned target despite strong revenue performance.
Authorities say some exporters withheld stock expecting higher prices or currency gains.
Government coordinating with Ethiopian Coffee and Tea Authority and regional bodies to prevent hoarding.
Why it matters?
Coffee accounts for a major share of Ethiopia’s export earnings. Achieving the $3 billion target is critical for foreign exchange supply, while delayed shipments could affect export volumes and global market reliability.