Ethiopia has set a target of generating $13.4 billion in export revenue during the 2026/27 fiscal year, as the Government seeks to boost foreign exchange earnings and accelerate export-led economic growth.
The target was announced in Addis Ababa on August 12, 2026, during a high-level consultation between Government officials and exporters on measures to improve the country’s export performance.
Ethiopia generated more than $11.2 billion in export earnings during the 2025/26 fiscal year, providing what Trade and Regional Integration Minister Kassahun Gofe described as a strong foundation for the new target.
The minister said the export strategy would prioritize value addition, product quality and competitiveness, rather than relying mainly on increasing export volumes.
The government also plans to diversify export destinations, expand access to new international markets, strengthen existing trade partnerships and modernize export systems through digital and data-driven platforms.
During the consultation, exporters raised concerns over production, logistics, market access and trade facilitation. Kassahun said the Government would work with the private sector to address these challenges and create a more favourable business environment.
The $13.4 billion target forms part of Ethiopia’s wider economic reform programme, which seeks to expand manufacturing and agro-processing exports, improve external trade competitiveness and strengthen the country’s position in regional and global markets.