Ethiopia has generated more than $5.1 billion in export revenue during the first six months of the current fiscal year, surpassing its target by a wide margin, the Ministry of Trade and Regional Integration announced on Wednesday.
Speaking at a six-month performance review held in Dessie, Amhara region, Minister of Trade and Regional Integration Kasahun Gofe said the government had initially projected export earnings of $4.42 billion for the period. Actual performance exceeded expectations, reaching 120 percent of the target and marking an increase of $1.83 billion compared to the same period last year.
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The minister described the strong export performance as a critical pillar for Ethiopia’s broader economic revitalization and institutional reform agenda. He noted that sustained growth in exports is helping stabilize the economy while creating momentum for long-term development.
Kasahun also highlighted progress in implementing the Digital Ethiopia 2030 Strategy within the trade sector. According to the minister, more than two million trade registration and licensing services have now been delivered online nationwide, significantly improving efficiency, transparency, and access for businesses.
Looking ahead, the minister said the government is pursuing a coordinated and results-oriented strategy to achieve its full-year export revenue target of $9.4 billion. He reaffirmed Ethiopia’s commitment to strengthening trade performance as a key driver of sustainable economic growth.
The announcement comes amid broader economic reforms aimed at boosting productivity, expanding market access, and enhancing the competitiveness of Ethiopian exports.
