Ethiopia Closes the Books on a Record $11.2 Billion Export Year

As reported by Kana Television

Summary

• Ethiopia's export earnings reached $11.195 billion in the 2025/26 fiscal year, against a government target of $9.4 billion, Trade and Regional Integration Minister Kassahun Gofe reported at the 9th Trade and Regional Integration Sector Forum in Hawassa on July 11, 2026. The result marked a sharp rise from merchandise exports of about $3.21 billion two years earlier in 2023/24. Officials linked the gain to the July 2024 birr devaluation, which made Ethiopian goods cheaper for foreign buyers, alongside reforms that channeled more export proceeds through official channels.
• The minister also reported $15 million in exports shipped under formal African Continental Free Trade Area procedures, described as Ethiopia's first trade under AfCFTA tariff schedules and rules of origin. The figure represented a large share of AfCFTA-framework trade recorded in East Africa for the period. Coffee remained a major driver alongside gold and other commodities.
• For BirrValue users, record export inflows add dollars to the banking system and support the official exchange rate. More export revenue gives banks more foreign currency to sell to importers and remittance customers. Compare rates across banks on [BirrValue](/banks) and review [Send Money](/send-money) before converting.