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Tea export earnings increase to Rwf57bn

Published on June 17, 2016

Rwanda’s tea exports for 2015 increased in both value and volume. The beverage recorded 40 per cent growth in earning to almost $73 million (about Rwf57.2 billion) in 2015, up from $52 million in 2014, according to statistics from the central bank. 

Government of Rwanda is counting on its major cash crops (coffee and tea), as well as horticultural produce to boost export revenues following a global price decline for major minerals. In 2015, total exports recorded poor performance, dropping by 6.8 per cent in value to stand at $558.8 million, a drop from $599.8 million in 2014, but volumes increased by 20.5 per cent. Read more. Source | New Times