Ethiopia is positioning itself as a major player in the global export market for cereals, pulses, and oilseeds, despite challenges in the sector. Leveraging its diverse agro-ecology, abundant natural resources, and favorable climate, the country is working to enhance agricultural production and export revenue.
The 13th International Conference on Pulses and Oilseeds was held over two days at the Adwa Museum, from November 19-20, 2024. The event was held under the theme: “Seeds of Prosperity: Global Partnerships for Sustainable Growth.”
Approached by The Ethiopian Herald at the margins of the conference, Trade and Regional Integration Minister, Kassahun Gofe(PhD), highlighted Ethiopia’s efforts to carve a unique position in global markets. He noted that while Ethiopia is among the top producers of cereals, pulses, and oilseeds globally, the country generates only around 800 million USD annually from these exports-a figure far below its potential.
To address this gap, Ethiopia is focusing on value-added production. For instance, instead of solely exporting raw soybeans, the country is now producing oil and supplying by-products such as animal fodder to international markets. Kassahun emphasized the government’s commitment to promoting export-oriented agriculture while also addressing domestic needs, aiming to tackle foreign currency shortages and ensure food security.
In collaboration with the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), an African-level forum is being organized to promote quality cereals, pulses, and oilseeds. This initiative seeks to bridge the gap between buyers and sellers while enhancing agricultural productivity and quality.
Ethiopian Pulses and Oilseeds Exporters Association (EPOSEA) President, Ado Abdi, described the sector as pivotal for macroeconomic stability, contributing over 75% of the country’s revenue from agricultural exports. He urged stakeholders to prioritize quality and value-added production to enhance Ethiopia’s global reputation.
The country’s economic landscape is also evolving with opportunities like the African Continental Free Trade Area (AfCFTA), accession to the World Trade Organization (WTO), and membership in BRICS. However, challenges such as market fluctuations, logistical bottlenecks, security issues in the Red Sea region, and exchange rate instability continue to impede growth.
At the Russia-Ethiopia Business Forum, Foreign Affairs State Minister Mesganu Arga mentioned trade imbalances between the two nations. Ethiopia exported 14 million USD worth of products, including coffee, vegetables, pulses, and oilseeds to Russia, while importing 40 million USD worth of agricultural machinery and other goods. He called for collaborative efforts to enhance trade and investment relations.
Belayneh Kindie Group (BKG), a key player in the sector, has been actively supporting farmers to improve the quality and volume of their produce. BKG’s Import and Export Executive, Endashaw Belachew, stressed the need for combined efforts to commercialize Ethiopian products and address issues like sporadic conflicts and economic reform challenges.
While Ethiopia has made strides in improving the quality of its exports, stakeholders agree that much remains to be done to maximize the country’s potential in the global market.
BY MESERET BEHAILU
THE ETHIOPIAN HERALD SATURDAY 23 NOVEMBER 2024
