{"id":44244,"date":"2026-04-23T19:51:41","date_gmt":"2026-04-23T19:51:41","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports"},"modified":"2026-04-23T20:00:06","modified_gmt":"2026-04-23T20:00:06","slug":"ethiopia-substitutes-nearly-5-billion-usd-in-imports","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports","title":{"rendered":"Ethiopia Substitutes Nearly 5 Billion USD in Imports"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ethiopia. <\/strong><\/span>Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion US dollars with locally produced alternatives over the past nine months, according to Industry Minister Melaku Alebel.<\/p>\n<p>Presenting the sector\u2019s performance report in the presence of Prime Minister Abiy Ahmed, the minister said the achievement reflects growing momentum toward economic self-reliance and structural reform.<\/p>\n<p>A key driver behind this progress is the \u201cMade in Ethiopia\u201d movement\u2014also known as \u201cEthiopia Tamirt\u201d (Let Ethiopia Produce), which has accelerated domestic manufacturing and rural industrialization.<\/p>\n<p>Launched as part of the country\u2019s broader industrialization strategy, the initiative aims to boost local production, enhance export competitiveness, and promote the consumption of Ethiopian-made goods.<\/p>\n<p>Implemented by the Ministry of Industry, the program supports manufacturers through policy incentives, technical assistance, and improved market access.<\/p>\n<p>As a result, 754 industries have entered production, significantly expanding the nation\u2019s industrial base.<\/p>\n<p>Melaku noted that ongoing reforms are delivering measurable results.<\/p>\n<p>The manufacturing sector, which previously grew at 4.8 percent, has now surpassed 13 percent, signaling a strong upward shift in productivity, he pointed out.<\/p>\n<p>He added that both domestic and foreign investors have played a crucial role in advancing import substitution and export growth.<\/p>\n<p>Over the same nine-month period, Ethiopia exported industrial goods valued at 433 million US dollars, reflecting gradual improvements in competitiveness.<\/p>\n<p>Increased industrial output has also led to higher energy consumption, an indicator of expanding production capacity.<\/p>\n<p>According to the minister, the import substitution effort is easing pressure on foreign currency reserves while helping to reduce the cost of living and stimulate economic recovery.<\/p>\n<p>Looking ahead, the government plans to further strengthen the sector by improving access to finance, raw materials, reliable energy, and market linkages.<\/p>\n<p>The Made in Ethiopia movement will continue to serve as a cornerstone in promoting rural industrialization and bringing more factories into operation, Minister Melaku underscored.<\/p>\n<p>The report highlights Ethiopia\u2019s continued transition from an import-dependent economy to one driven by local production and industrial growth, he noted.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Ethiopia<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ethiopia. Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion US dollars with locally produced alternatives over the past nine months, according to Industry Minister Melaku Alebel. Presenting the sector\u2019s performance report in the presence of Prime Minister Abiy Ahmed, the minister said the achievement reflects [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":44243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[235],"class_list":["post-44244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ethiopia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ethiopia Substitutes Nearly 5 Billion USD in Imports - Ethiopia<\/title>\n<meta name=\"description\" content=\"Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethiopia Substitutes Nearly 5 Billion USD in Imports\" \/>\n<meta property=\"og:description\" content=\"Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-23T19:51:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-23T20:00:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2026\/04\/sm_1776974312.931745.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"966\" \/>\n\t<meta property=\"og:image:height\" content=\"578\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ethiopia Substitutes Nearly 5 Billion USD in Imports\",\"datePublished\":\"2026-04-23T19:51:41+00:00\",\"dateModified\":\"2026-04-23T20:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\"},\"wordCount\":349,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2026\/04\/sm_1776974312.931745.jpg\",\"keywords\":[\"ethiopia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopia-substitutes-nearly-5-billion-usd-in-imports\",\"name\":\"Ethiopia Substitutes Nearly 5 Billion USD in Imports - 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