Export Revenue in Ethiopia
Ethiopia has secured over $2.48 billion from exports in the first quarter of the current Ethiopian Fiscal Year.
Trade and Regional Integration Minister Kassahun Gofe announced that the country's earnings from exports have increased by 65% compared to the same period last year.
- The first quarter performance shows a 117% achievement of the target.
- The country aims to reach $9.4 billion in export revenue for the year.
Ethiopia is edging closer to joining the WTO and exporting to neighboring countries in line with the AfCFTA.
The minister noted that the first quarter has been productive, with the country making progress in key sectors.
Author's summary: Ethiopia's export revenue increases by 65% in the first quarter.
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