During the initial quarter of the fiscal year, the Ministry oversaw the export of 110,221.42 metric tons of pulses and crops, resulting in USD 85.7 million in revenue. Additionally, they monitored the export of 17,729.22 metric tons of oilseeds, generating $ USD 31.5 million. The remaining revenue was derived from various other agricultural products.
Oilseeds now rank as Ethiopia’s third-largest foreign exchange earner in agricultural exports, following coffee and flowers. The ministry actively collaborates with exporters to enhance the export of oilseeds and pulses.
The Ministry has implemented an online service system to modernize export contract registration and the issuance of export shipment licenses. This system has streamlined the process, enabling exporters to acquire necessary documentation more efficiently. The Ministry has also been monitoring and supporting exporting organizations, assisting them in securing contracts and supplying products to the international market. Simultaneously, the Ministry revealed that efforts were in place to combat illegal and contraband trade.
Source: Addis Zemen