Rwanda Exports Grow 25% in First Half on Higher Coffee Shipments

Rwandan exports grew 25 percent in the first half, boosted by increased shipments of coffee, National Bank of Rwanda Governor Claver Gatete said.

Total shipments climbed to $195.2 million in the six months through June from $156 million in the same period a year earlier, Gatete said at a briefing today in Kigali, the capital.

Coffee exports jumped 52 percent to 3,436 metric tons, while tea shipments fell 11 percent to 11,900 tons, he said.

The country’s mining industry posted a 4.5 percent decline in total export revenue to $64.4 million as tin prices declined, Gatete said. Shipments of cassiterite, or tin ore, fell 42 percent to $27.2 million, he said.

To contact the reporter on this story: Saul Butera in Kigali via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net.

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