Export Commodities

Agricultural Export Grew by 32% to $1.32bln in Past Six-Month

ADDIS ABABA – Ethiopia’s export from the agriculture sector grew by 32 percent to 1.323 billion Dollar in the first half of the budget year, said Agriculture minister Oumer Hussein on Wednesday.

The revenue showed an $323.6 increase as compared to the same period last year. It also surpassed the ministry’s target set, attaining 109 percent of its plan.

According to official data, coffee has been a star performer among the agricultural goods exported in the past six months, bringing in $578 million revenue.

Ethiopia earned more than $1.89bln from export trade in the first half of the current 2021/22 fiscal year, showing a 20.5% increase.

Agriculture contributed 70 percent of the revenue the country obtained from export trade in the same period.

Mining, manufacturing and electric energy exports contribute the remaining 15% ($283mln), 12.5% ($238mln), and 2.5% of the total revenue, respectively.