Ethiopia’s exports fell 20 percent last month as shipments of coffee and oilseeds dropped, the Ministry of Trade and Industry said.
The Horn of Africa country’s exports declined to $139.7 million in the 30 days to May 8, which corresponds with the 10th month of the Ethiopian calendar, from $173.7 million a month earlier, the ministry said in an e-mailed report from the capital, Addis Ababa.
By Jason McLure, Bloomberg
To contact the reporter on this story: Jason McLure in Addis Ababa via the Johannesburg bureau at [email protected].