Government of Ethiopia (Addis Ababa)

Ethiopia Obtains U.S.$1.7 Billion From Exports Over Seven Months

The Ministry of Trade has announced that Ethiopia secured US$1.7 billion from exports over the last seven months. The Ministry's Public Relations Head, Amakele Yimam, said the revenue exceeded the amount gained during the same period last year by 7.2 percent.

Gold and coffee accounted for the major element of this, but chat, oilseeds, grains, cattle and flowers all contributed significantly. Ato Yimam said the foreign currency obtained from the export of leather and leather products, textiles and garments, fruits and vegetables, as well as spices was also contributing to the realization of the Growth and Transformation Plan.

The Ministry envisages collecting a total of US$5 billion from exports in the current Ethiopian budget year.

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