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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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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