Analysis Of Ethiopian Martial Export And Exports Earning For 2021/2022

The total merchandise export earnings for the fiscal year 2021/22 have reached 4.1 billion USD, indicating a 14.04 percent increase compared to the previous year (2020/2021), which recorded export earnings of 3.59 billion USD. It is important to note that the growth rate for the current year has declined in comparison to the previous year's growth rate of 20.38 percent.

The total merchandise export earnings for the fiscal year 2021/22 have reached 4.1 billion USD, indicating a 14.04 percent increase compared to the previous year (2020/2021), which recorded export earnings of 3.59 billion USD. It is important to note that the growth rate for the current year has declined in comparison to the previous year's growth rate of 20.38 percent.

The major contributors to the export earnings encompass coffee, oilseeds, leather and leather products, pulses, meat and meat products, fruits and vegetables, textile and textile products, live animals, chat, gold, flowers, and electricity. Those take up 95.6% of the total export earning.

Coffee exports exhibited exceptional performance with a staggering 57.3 percent growth, driven by both an increase in international prices (29.0 percent) and export volume (22.0 percent). The share of coffee in total merchandise export increased to 34.9 percent.

Flower exports experienced a 15.08 percent growth, attributed to an increase in both export volume (12.47 percent) and international price (2.37 percent). The share of flower in total export earnings slightly rose to 13.2 percent.

Fruit and vegetable exports displayed a notable 26.69 percent annual growth due to an increase in international price (25.8 percent) despite a marginal rise in export volume (0.43 percent). The share of fruits and vegetables in total merchandise export reached 2.1 percent.

Meat and meat product exports surged by 45.5 percent, driven by a significant rise in export volume (29.94 percent) and international price (12.04 percent). The share of meat and meat products in total merchandise export earnings stood at 2.7 percent.

Textile and textile product exports increased by 19.38 percent, primarily due to a growth in export volume (46.49 percent) despite a decline in international price (18.63 percent). The share of textile and textile products in total merchandise export slightly increased to 4.3 percent.

Electricity exports saw a modest 3.3 percent increase, attributed to a rise in export volume (1.7 percent). However, the share of electricity in total merchandise export decreased to 2.3 percent.

Gold exports declined by 16.15 percent due to a decrease in volume of 5.5 percent and international price of 11.2 percent. The share of gold in total merchandise export decreased to 13.3 percent.

Chat exports decreased by 2.7 percent, influenced by a decline in export volume (20.9 percent) despite an increase in international price (23.0 percent). The share of chat in total merchandise export earnings dropped to 9.5 percent.

Leather and leather products exports declined by 9.041 percent, attributed to decreases in both export volume (2.18 percent) and international price (6.97 percent). Their share in total merchandise export stood at 0.8 percent.

Live animal exports experienced a significant decrease of 34.97 percent due to a decline in export volume (34.24 percent) and a slight decrease in international price (1.17 percent). The share of live animals in total merchandise export earnings dropped to 0.7 percent.

Oilseeds exports showed a 20.8 percent annual decrease due to a significant fall in export volume (29.87 percent), despite an increase in international price (12.409 percent). The share of oilseeds in total merchandise export earnings reached 6.5 percent.

Pulses exports decreased by 6.373 percent, primarily driven by a decline in export volume (23.78 percent) despite a rise in international price (22.89 percent). The share of pulses in total merchandise exports decreased to 5.3 percent.

• Other export items experienced a significant 37.2 percent increase, reaching USD 177.7 million usd.