Asian Spectator


The Times

.

CIIE Stories: Ethiopian agricultural products soar in Chinese market through CIIE

  • Written by PR Newswire Asia - Asian Spectator
CIIE Stories: Ethiopian agricultural products soar in Chinese market through CIIE

SHANGHAI, June 19, 2024 /PRNewswire/ -- Ethiopian coffee has been rapidly gaining traction in the Chinese market in recent years, with sales growing at a staggering rate of 27 percent annually.

Ethiopia's pavilion is seen at the CIIE. Ethiopia's pavilion is seen at the CIIE.

 

This rapid growth has been significantly boosted by platforms such as the China International Import Expo and cross-border e-commerce, which serve as effective gateways for overseas brands to enter China and present numerous opportunities for Ethiopian businesses.

One standout success story is the Ethiopian coffee brand Gera, which showcased roasted coffee beans at the third CIIE. During the expo, the brand's Yirgacheffe and Sidamo coffees were signed up to a prominent cross-border e-commerce platform, immediately available for consumers.

During the fifth CIIE, Ethiopian highland coffee with vibrant orange packaging was drawing eyes. After being showcased in an e-commerce livestream during the expo, 17,000 boxes were sold in just one evening. Online sales of Ethiopian coffee surged 300 percent during the sixth CIIE.

Traditionally, Ethiopian coffee growers and processors only accounted for less than 10 percent of profits in the export trade, with the majority of profits lying in distribution and sales. Leveraging the CIIE for cross-border e-commerce sales has effectively reduced trade costs, benefiting Ethiopian coffee farmers and allowing Chinese consumers to enjoy premium coffee beans at more affordable prices.

Witnessing the growing popularity of Ethiopian coffee among Chinese consumers, Tefera Derbew Yimam, Ethiopian ambassador to China, expressed great delight. He noted that China has become one of the primary importers of Ethiopian coffee. Ethiopian coffees have received rave reviews at the CIIE over the years, prompting many businesses to showcase their products at the event. "The embassy will continue to facilitate Ethiopian business participation in the expo," Yimam said.

Coffee trade is just one aspect of the trade relationship between China and Ethiopia. Products like sesame seeds and green beans from Ethiopia have also made their way to supermarkets, stores, and retail markets in China.

At the sixth edition of the expo, Ethiopian sesame trader Duka Engineering & Trading Plc reached a preliminary cooperation agreement with Shandong's Ruifu Sesame Oil Co Ltd, which would purchase 6,000 metric tons of sesame seeds.

In October 2023, Ethiopia and China upgraded their bilateral relationship to an all-weather strategic partnership. In a joint statement, China expressed its desire to continue encouraging and supporting Ethiopian exports to China, including agricultural and food products.

With the Chinese market serving as a key driver of Ethiopian exports, Ethiopia's distinctive offerings are expected to make a splash at this year's expo, presenting vast business opportunities for its enterprises.

 

Contact:Ms. Cui YanTel.:0086-21-968888Email:exhibition@ciie.orgWebsite:http://www.ciie.org/zbh/en/Facebook:https://www.facebook.com/ciieonlineTwitter:https://twitter.com/ciieonline

Photo - https://mma.prnasia.com/media2/2442954/CIIE_1.jpg?p=medium600Logo - https://mma.prnasia.com/media2/1938442/4645714/CIIE_Logo.jpg?p=medium600

 

Authors: PR Newswire Asia - Asian Spectator

Read more

Magazine

Compressed Air Pipe and Fittings: What Every Australian Industrial Facility Needs to Know

Compressed air is the fourth utility of modern industry, right alongside electricity, gas, and water. Yet despite its critical role in powering everything from pneumatic tools to automated productio...

Common Risks Hidden in Commercial Lease Agreements

Commercial leases are often longer and more complex than tenants expect, and the fine print can carry significant financial and operational consequences over the years that follow. Many business own...

Corporate Secretarial Services in Singapore: Annual Compliance, Key Filings, and Common Mistake

Annual compliance in Singapore should not be treated as a once-a-year administrative event. It is an ongoing governance system that depends on accurate records, timely filings, disciplined approvals...

hacklink hack forum hacklink film izle hacklink z-librarytelegram下载matbetgrandpashabet giriş güncel girişgrandpashabet en çok kazandiran oyunskorbettelegram webjojobet güncelroyalbet girişjojobetjojobettelegram ifşadeneme bonusugrandpashabetagen bolajojobetjojobetjojobetjojobetnakitbahis