Ethiopia earned approximately USD 2.6 million from the export of rosemary during the 2022 harvest season. Out of the 49,550 quintals of rosemary produced that season, 49,365 were sent to the central market and 13,799 quintals were exported.
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The United Kingdom has launched a new trade framework program that aims to benefit 65 countries, including Ethiopia, by easing trade regulations and taxes for these countries. The UK International Trade Minister, Nigel Huddleston, announced the new trade plan which is expected to allow developing countries to export a wide range of goods duty-free to the UK in Addis Ababa.
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Ethiopian Shipping and Logistics Services Enterprise’s (ESLSE) two oil tankers named Bahr Dar and Hawassa, which were bought 11 years ago to carry the country's oil, have been replaced by Abay 2, a huge ship with a loading capacity of 63,500 tons.
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The Ministry of Trade and Regional Integration has announced that it generated USD 2.912 billion from exports in the first ten months of the current fiscal year. This is short of the ministry's target of USD 4.24 billion.
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Ethiopia earned USD 1.1 billion from coffee exports in the first 11 months of this fiscal year. Despite exporting a comparatively lower volume of coffee, the amount earned is almost the same as last year, thanks to the emphasis on exporting high-quality coffee.
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