{"id":41366,"date":"2020-05-13T17:01:22","date_gmt":"2020-05-13T17:01:22","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-tea-earns-more-than-rwf-27-billion-in-2020-first-quarter\/"},"modified":"2020-05-17T08:43:24","modified_gmt":"2020-05-17T08:43:24","slug":"rwanda-tea-earns-more-than-rwf-27-billion-in-2020-first-quarter","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-tea-earns-more-than-rwf-27-billion-in-2020-first-quarter\/","title":{"rendered":"Rwanda tea earns more than Rwf 27 billion in 2020 first quarter"},"content":{"rendered":"

According to figures released by the National Agricultural Export Development Board, NAEB, between January and March 2020, tea exported was 9,317,436 kilograms valued at $ 27,691,861. <\/p>\n

Statistics for 2019 show that in the first five months of this fiscal year, which began in July 2019, profits from tea farming had risen 8% to $ 36.08 million.<\/p>\n

From July to November 2019, Rwanda’s tea production increased by 12%, and exports increased by 4%, compared to the same period in 2018.<\/p>\n

Between July and November 2019, 12,017 tons of tea were produced, more than 10,769 tons produced during the same period in 2018.<\/p>\n

At the same time, it was also shown that processed Rwandan tea increased by 4%, from 12,180 tons obtained in 2018 to 12,617 tons in 2019. At the same time, in 2019, exported tea earned $ 36,088,761, equivalent to an increase of 8%, up from $ 33,562,294 in the previous year.<\/p>\n

NAEB figures show that the goal is by 2024, Rwandan tea will bring in $ 209 million.
\nThe Minister of Finance and Planning, Dr. Uzziel Ndagijimana, recently announced that due to Coronavirus, exports will face a slump. <\/p>\n

He said that on the market today, coffee prices are stable even though it is not the time for production, only tea prices are declining on the market.<\/p>\n

By reducing the gap between exports and imports, Rwanda plans to continue to develop its products in Rwanda, urging Rwandans to buy them to replace imports. <\/p>\n

Minister Dr. Ndagijimana said that Rwanda’s economic growth rate is currently expected to rise by 8% as expected, with figures currently being revised from 5.1% to 3.5%. \u201cnow we are close to 2% even if it didn’t end well\u201d.<\/p>\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

In the first three months of 2020, Rwanda exported 9.3 tons of tea valued at over Rwf25 billion, an increase of 27% compared to the same period last year, while the number of exports increased by 15%.<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[204],"hashtag":[],"class_list":["post-41366","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-elina-jonas-ruzindaza"],"bylines":[{"id":204,"name":"Elina Jonas Ruzindaza","slug":"elina-jonas-ruzindaza","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":103}],"contributors":[{"id":204,"name":"Elina Jonas Ruzindaza","slug":"elina-jonas-ruzindaza","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":103}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/41366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=41366"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/41366\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=41366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=41366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=41366"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=41366"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=41366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}