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Ministry Reports Export Earnings Jump, Driven by Gold, Coffee Gains


Ministry Reports Export Earnings Jump, Driven by Gold, Coffee Gains

The Minister of Planning & Development, Fitsum Assefa (PhD), reported to the Council of Ministers that the country’s export sector earned 7.7 billion dollars in nine months, bringing the country close to its annual target of 9.39 billion dollars. Eight years ago, total export earnings stood at 2.84 billion dollars. By July 2025, that figure had risen to 8.35 billion dollars. Mining led the performance, with gold exports generating more than four billion dollars in nine months 155pc of the target and an 87pc jump from the previous year. Coffee remained a strong performer, earning 1.924 billion dollars, reaching 99pc of its target and growing 28pc year-on-year. Electricity exports brought in 351 million dollars, exceeding the target by 10pc and rising 53pc compared to last year. Not all sectors followed the upward trend. Flower exports earned 351 million dollars, meeting only 65pc of the target and declining 14pc year-on-year. Pulse exports generated 214 million dollars, achieving 88pc of the target but slipping 6pc from last year’s performance.

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