Ethiopia Secures over 2.4 billion USD from Export in First Quarter of EFY

Addis Ababa, October 14, 2025 (ENA) -- Trade and Regional Integration Minister Kassahun Gofe announced today that Ethiopia has secured more than 2.48 billion USD from exports during the first quarter of the current Ethiopian Fiscal Year.

Addressing the forum held to review the first quarter performance of the EFY, the Minister said tangible results have been registered in key sectors during the stated period.

According to him, Ethiopia's earnings from exports have surged by 65 percent compared to the same period last year.

The 117 percent performance of the first quarter shows that the country can achieve the target 9.4 billion USD plan for the year.

The minister also stated that the first quarter of the fiscal year has been productive as the country is edging closer to join the WTO and exporting to neighboring countries in line with the AfCFTA.

Recall that Ethiopia achieved record-breaking export revenue of 8.3 billion USD in the 2024/25 fiscal year, representing a 116 percent increase from the previous year.