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Ethiopia: Export revenues slumped by $71.4M in 2017-18

Monday, 13 August 2018 19:43

(Ecofin Agency) - During the 2017-18 budget year, Ethiopia’s exports generated $2.8 billion, just above 50% of the  whole year's target and $71.4 million lower than the previous year, the trade minister reported.

Main exported products came from agriculture (64.9%), manufacturing (45.9%) and mining (15.2%). According to the minister, the very poor performance is attributable, among others, to the higher level of smuggling, poor product and supply quality, instability in certain regions as well as the weakness of revenue collection systems.

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Finance


 
Mining


 
Telecom


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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