Ethiopia gains USD 250 million from the export of oilseeds and pulses

Published Feb 23, 2023

Tridge summary

Between July 2022 and February 2023, Ethiopia successfully exported oilseeds and grains, generating revenue of USD 250 million. The primary exports included sesame, Niger, and Castor beans, with sesame making up 92% of the total weight. Sesame sales amounted to 65,179 tons, earning USD 110.8 million. Niger exports brought in USD 7.3 million, and soybean exports, mainly to India, contributed USD 35 million from 49,847 tons. Other significant exports included pulses like soybeans, with the total weight being 165,062 metric tons, which fetched USD 133 million. The main markets for these exports were Israel and India for oilseeds and pulses, respectively. Additionally, the UAE, Singapore, Vietnam, Turkey, US, Jordan, and Japan were importers of oilseeds, while Kenya and Sudan received grain supplies from Ethiopia.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ethiopia collected USD 250 million over the past seven months by exporting oilseeds and grains. Sesame, Niger, and Castor bean were the most exported oilseeds while soybean claimed the lion’s share in the export of grains. Sesame accounted 92% of the entire oilseeds export. The country was able to sell 65,179 tons of sesame and earn USD 110.8 million while USD 7.3 million was gained from the sale of niger. On the other hand, USD 133 million was obtain from the export of 165,062 metric tons of pulses including 49,847 tons of soybeans which brought USD 35 million. The main destinations for the export of oilseeds and pulses were Israel and India, ...

Source: UkrAgroConsult