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Agriculture

Rwanda: tea exports slump 12.9% in 2016

Monday, 13 February 2017 10:43

(Ecofin Agency) - Tea exports in Rwanda in 2016 stood at $63.4 million thus 12.9% less than in 2015.

The fall in exports revenues is tied to lower volumes of the crop sent outside. This volume was at 24.4 million kg in 2016, or 370,000 kg less than in 2015.

Moreover, the decrease of export revenues is also explained by a slump in the price of the commodity which traded at $2.94 at the end of 2015, against $2.6 only in 2016.

However, the lower revenues contrast with a greater production in the country. Rwanda has indeed produced more than 108.3 million kg of tea in 2016, against 106.4 million the year before.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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