Ethiopia: Ethiopian Agricultural Exports Thrive Despite the Red Sea Shipping Disruption

  |   Attaché Report (GAIN)   |   ET2024-0013

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Ethiopia: Ethiopian Agricultural Exports Thrive Despite the Red Sea Shipping Disruption
Red Sea shipping remains unstable, with attacks on ships transiting this crucial maritime corridor surging recently. This has led to unpredictable shipping schedules, caused freight costs to almost triple, and transit times to more than double. Despite these challenges, key Ethiopian agricultural exports such as coffee, sesame seeds, and kidney beans, as well as imports like wheat, rice, and vegetable oil, have grown.
Exporting
Africa (Sub-Sahara), Ethiopia

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