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Ethiopia exports fallen by 12% in 2023

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  Ethiopia is a progressing country of the African subcontinent. Ethiopia is currently the 58th largest economy in the world. According to the Ethiopia customs data reports, Ethiopia's total trade value was estimated around $29 Billion during the fiscal year 2022. Ethiopia was ranked 105th leading importer in the world. Whereas, in terms of exports, Ethiopia stands 126th biggest exporter in the world.  As per the Ethiopia export data , the country’s total exports stood around $10 billion in 2022. Ethiopia's major exports include coffee, gold, oilseeds, vegetables, dried legumes, flowers, aircrafts, cassava, etc. The United Arab Emirates was the top importer of Ethiopian goods with over 23% share in Ethiopia's total exports.  The United States was the second most importing destination of Ethiopian goods, having 11% share. Similarly, Somalia, Saudi Arabia, Germany, Netherlands, China, Singapore, Japan and India. So far in 2023, Ethiopia exports have declined significantly....