Export Trade Generates $2.1bln in Eight-month

ADDIS ABABA – At least 2.1 billion US dollars has been generated from export trade in the first 8 months of the current 2020/21 fiscal year, ministry of trade announced on Monday.

The amount has shown a 16 percent or 290mln US dollars increase as compared to the previous Ethiopian year fiscal year.

Despite the increase, the country has fallen short of its target for the period which was 2.55bln US dollars.

In the previous year, the East African nation earned a total of 3.029 billion US dollars from export trade and met 81 percent of the planned earning of $4.6 billion for the period.

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