Ethiopia collects over $3 billion from exports in 2019/20
Raw Common Coffee Bean
Market & Price Trends
Innovation & Technology
Miftah Ali
Published Aug 6, 2020
Ethiopia earned over 3.029 billion US dollars from export in the recently concluded fiscal year of 2019/20. Despite not hitting the target, the country managed to increase the earning by 14 percent or 300 million dollars as compared to the previous fiscal year. Agricultural exports have brought much of the foreign currency to the country during the period. 2.3 billion US dollars was collected from the export of 1.1 million tons of agricultural products to the international market. USA, Somalia, Netherlands, Saudi Arabia, China, UAE, Djibouti, Germany, Japan, and Israel have been identified as the top ten importers of Ethiopian products.
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