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Coffee Exports & Revenues Rise in RwandaWednesday, January 13, 2016 > 09:55:12
(World Coffee Express)
According to statistics released by the National Agriculture Export Board (NAEB), Rwanda exported 17.3 million kilogrammes of coffee between January and November of last year, a rise of 14 percent compared to the same time period in 2014.
However, despite the healthy growth in exports, revenues only increased by 0.58 percent. The sale of coffee brought in $56.3 million to the country’s economy last year, up slightly from the $56 million gained two years ago.
NAEB officials have attributed this modest rise to the poor state of the global coffee market that has seen extremely low prices become the norm in recent months.