Ethiopian Informer
ADDIS ABABA (EI) — The Ethiopian government has announced that the country’s total exports are projected to reach 20 billion US dollars during the current Ethiopian fiscal year.
The Ethiopian Prime Minister’s Office, in a statement on recent developments in the country issued Friday, said the projected 20 billion US dollars total exports during the current 2025/26 fiscal year, which began on June 8, 2025, will represent an increase of nearly 50 percent since 2024.
The government said the country’s economy has demonstrated strong resilience in recent years, growing by 9.2 percent in the 2024/25 fiscal year, making it “one of the fastest-growing economies in the world.” It said the growth rate reflects the government’s strategic initiatives and policies aimed at fostering economic development and stability amid global challenges.
According to the Office, building on last year’s growth momentum, the Ethiopian economy is on track to achieve the projected growth of 10.2 percent during the current 2025/26 fiscal year.
It emphasized that the positive economic progress has been achieved despite global energy disruptions and other strategic commodity challenges, primarily due to the ongoing conflict in the Middle East.
Noting that Ethiopia’s economic growth has been broad-based, with significant contributions from agriculture, industry, and services, it said each sector has played a crucial role in driving economic expansion, demonstrating the diverse foundations of the country’s economic structure and its potential for further development.
The Office, however, stressed that the industry sector is “increasingly emerging as a major driver of growth,” reflecting the country’s sustained focus on manufacturing, industrialization, value addition, and export-oriented production.
This shift towards industrialization is expected to bolster Ethiopia’s competitiveness in international markets, it said.
The PM’s Office said manufacturing input supply has seen a substantial increase, rising from nine million to more than fifteen million tonnes annually. Furthermore, the country’s production capacity utilization has improved from 47 percent to 67 percent.
It said manufacturing growth has also climbed from 4.8 percent to 10.7 percent, while financing for small and medium enterprises has expanded dramatically from 8.1 billion birr to over 50 billion birr.
In infrastructure development sector, the Office said alongside hydropower projects, Ethiopia is expanding renewable energy generation through initiatives such as the Aysha II Wind Power Plant in the Somali Region and the Assela Wind Farm in Arsi Zone.
It said such energy infrastructure development projects are strengthening the resilience of the national grid while advancing regional energy cooperation.
