Nation Obtains 617 Million USD from Export Products in 8 Months

Addis Ababa, April 11/2024 (ENA) Ethiopia has obtained 617 million USD from exported products during the last 8 months of the current fiscal year, Ministry of Trade and Regional Integration announced.

The Ministry said today that the amount achieved over the stated period is 87.51 percent of the targeted 705.15 million USD.

The revenue is obtained from export goods that have been supervised under the ministry, it was noted. 

The income shows an increment of more than 80 million USD compared to the same period last year, it added. 
 
Most of the income is obtained from the export of cereals and oilseeds, the minister said, indicating that improvement of demand for soybean, red beans and masho in the international market as well as an increase in sesame production and the implementation of agricultural investment regulation are the factors that contributed for the encouraging achievements.