{"id":283377,"date":"2019-08-05T08:01:56","date_gmt":"2019-08-05T12:01:56","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMiWWh0dHBzOi8vd3d3LjJtZXJrYXRvLmNvbS9uZXdzL2FsZXJ0cy81Nzc4LWV0aGlvcGlhLWNvbGxlY3RzLTI2My1ibi1mcm9tLWV4cG9ydHMtaW4tMjAxOC850gEA?oc=5"},"modified":"2026-10-16T11:48:48","modified_gmt":"2026-10-16T15:48:48","slug":"ethiopia-export-earnings-2018-19-2-67-billion","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/283377","title":{"rendered":"Ethiopia earned $2.67 billion from exports in 2018\/19, 61 percent of its target"},"content":{"rendered":"<p>Ethiopia earned about $2.67 billion from exports in the 2018\/19 fiscal year, only 61 percent of a $4.32 billion target, the Ministry of Trade and Industry said in August 2019.<\/p>\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"size-large wp-image-837861\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2026\/10\/port-of-djibouti-2005.jpg?fit=780%2C780&#038;ssl=1\" alt=\"Cranes and boats at the Port of Djibouti, through which most of Ethiopia&#x27;s foreign trade passes, September 2005\" \/><\/figure>\n<p style=\"text-align: left;\"><em>Cranes and boats at the Port of Djibouti, through which most of Ethiopia's foreign trade passes, September 2005 (CharlesFred \/ Wikimedia Commons, CC BY-SA 3.0) [file photo]<\/em><\/p>\n<p>Ministry communication director Wondimu Filate blamed contraband, swings in global prices, power shortages, poor product quality and instability in some parts of the country for the shortfall, 2merkato and Ecofin Agency reported.<\/p>\n<p>Tantalum, pulses, oilseeds and flowers reached more than 75 percent of their targets. Coffee, fish, electricity, textiles and garments, vegetables and fruits, and tea reached 50 to 74 percent, while meat, dairy, spices, leather, food and beverages, honey, pharmaceuticals, minerals, live animals, and chemical and construction inputs fell below half.<\/p>\n<p>The United States, Somalia, the Netherlands, Saudi Arabia, China, the United Arab Emirates, Djibouti, Germany, Japan and Israel were the 10 biggest buyers of Ethiopian products.<\/p>\n<p>For 2019\/20 the government set a $4.69 billion export target. Planned measures included better marketing, bringing industrial parks into operation, expanding infrastructure, curbing contraband, and financing and logistics support for export-oriented industries.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.2merkato.com\/news\/alerts\/5778-ethiopia-collects-263-bn-from-exports-in-2018\/9\" target=\"_blank\" rel=\"noopener\">2merkato<\/a>, <a href=\"https:\/\/www.ecofinagency.com\/public-management\/0608-40379-ethiopia-missed-export-revenue-target-for-fy2018-19\" target=\"_blank\" rel=\"noopener\">Ecofin Agency<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Ethiopia earned about $2.67 billion from exports in the 2018\/19 fiscal year, only 61 percent of a $4.32 billion target, the Ministry of Trade and Industry said in August 2019.<\/p>\n","protected":false},"author":30,"featured_media":837861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7911,8],"tags":[],"class_list":["post-283377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2026\/10\/port-of-djibouti-2005.jpg?fit=800%2C600&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1bIB","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=283377"}],"version-history":[{"count":2,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283377\/revisions"}],"predecessor-version":[{"id":837873,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/283377\/revisions\/837873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/837861"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=283377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=283377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=283377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}