Ethiopia Gains USD 3 Billion from Tourism
Ethiopia amassed USD 3.06 billion from the tourism sector in the past nine months. During the aforementioned period, more than 774,000 foreign tourists visited Ethiopia.
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Ethiopia amassed USD 3.06 billion from the tourism sector in the past nine months. During the aforementioned period, more than 774,000 foreign tourists visited Ethiopia.
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Ethiopia earned USD 550 million between July and March of the current fiscal year from the export of horticultural products.
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Domestic products substituted import goods worth USD 1.9 billion during the past nine months of the fiscal year. Commenting on the achievement, the Ministry of Agriculture, the Ministry of Revenues, and the Ministry of Industry stated that they would be able to achieve their plan for the current fiscal year.
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Ethiopia gained more than USD two billion in the past nine months from the export of agricultural commodities including coffee, khat, vegtables, poultry products, dairy products, and fruits.
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The Ethiopian Industrial Parks Development Corporation (IPDC) is currently reviewing its performance for the first 9 months of the 2022/2023 fiscal year in Jimma City. During the forum the Corporation reported that it generated USD 121.9 million from foreign trade exports in the past 9 months – USD 34 million short of its plan to get USD 156 million in export revenue.
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