Non- Fiscal Export Incentives

The non- fiscal incentives given to all exporters are the following:

  • Exporters are allowed to retain and deposit in a bank account up to 20 percent of their foreign exchange export earnings for future use in the operation of their enterprises and no export price control is imposed by the National Bank of Ethiopia;
  • Franco valuta import of raw materials are allowed for enterprises engaged in export processing; and
  • Exporters can benefit from the export credit guarantee scheme which is presently in place in order to ensure an exporter receives payment for goods shipped overseas in the event the customer defaults, reducing the risk of exporters’ business and allowing it to keep its price competitive.