Ethiopia Smashes Export Records: $8.7 Billion in 10 Months and Still Climbing

As reported by New Business Ethiopia

Summary

• Ethiopia earned about $8.7 billion from exports in the first ten months of the 2025/26 fiscal year, according to government figures shared in early June 2026. Officials expect total export earnings to reach $10.5 billion by the end of the fiscal year in July. This continues a sharp recovery, after first-half export earnings rose from about $3.3 billion a year earlier to roughly $5 billion in the same period of 2026.
• The gains are driven by record coffee revenue and a surge in official gold exports, helped by high global prices and reforms that channeled previously informal gold into formal markets. The market-based exchange rate, adopted in July 2024, has improved incentives for exporters to sell their foreign currency through official channels.
• For BirrValue users, rising export earnings bring more dollars into the official banking system. Greater foreign currency supply helps banks meet demand and supports more competitive exchange rates for people converting money or receiving remittances. Compare rates across banks on [BirrValue](/banks) to take advantage of improved FX availability.