With the aim of solving the problems in the livestock sector, the Ministry of Trade and Regional Integration held a discussion with livestock exporters. Kassahun Gofe, Minister of State for Trade Integration and Export Promotion at the Ministry, stated that all stakeholders should work towards bringing solution to solve the problems seen in the livestock sector. According to the State Minister, the Ministry is working with relevant parties to address the issue and has collaborated with Customs Commission and Federal Police to prevent livestock smuggling.

Ethiopia only gained USD 28 million from livestock in the 2021/2022 fiscal year even though the country planned to earn USD 54 million from the sector during the same period. Similarly, Ethiopia’s plan to get USD 46 million from the sector in the current fiscal year does not look feasible as performances during the month of July did not yield the required result.

Ethiopia is ranked first in Africa for its livestock population. According to the Ethiopian Statistics Service, the country had 65 million cattle, 40 million sheep, 51 million goats, 8 million camels, and 49 million chickens in 2020.

Source (including image): Fana BC