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Ethiopia Earns $2.2 Billion From Exports
Addis Ababa, Ethiopia -Â Ethiopia secured close to 2.2 billion dollars from export during the last nine months of the current fiscal year, which only shows a 2.8pc increment compared to the same period last year.
Coffee still remains the country’s main export item generating 513.8 million dollars; followed by gold, which generated 432.1 million dollars. Oilseeds came third generating 314.5 million...
Horticulture export generates $170 million
Addis Ababa, Ethiopia (WIC) – Ethiopia has earned 170 million USD from horticulture export in the first 9 months of this Ethiopian budget year, the Ethiopian Horticulture Development Agency said.
Agency Director General, Hailesilassie Tekie told WIC today that the stated sum of revenue was generated from the sale of 1.63 billion flower stems and 103,000 tonnes of vegetables, fruits and herbs.
Of...
UK company poised to buy some ten thousand tonnes of sesame
Greg Dorey, UK Ambassador to Ethiopia
Addis Ababa, Ethiopia -Â The British Embassy here seems relatively busier this year than ever in accommodating many delegations from London. Some worth mentioning are the recent four ministerial visits to Ethiopia.
And at his residence last Monday, Greg Dorey, the British Ambassador, was in contact with his fellow country business persons.
About six companies...
Ethiopia obtains $1.7 billion from export trade over 7 months
Addis Ababa, Ethiopia (WIC)Â - Ethiopia secured $1.7 billion from export trade over the past 7 months, Ministry of Trade has announced. The revenue exceeds that of same period last year by 7.2 percent.
According to Amakele Yimam Public relations head with the Ministry of Trade, gold and coffee account for the lion’s share of the revenue. Chat, oilseeds, grains, cattle and flower have also contributed...
Ethiopian Flower Exporters Cash In on Valentine’s Day
Valentine Day Sales in Addis Ababa (Photo: ethiopianreporter.com)
ADDIS ABABA, ETHIOPIA — Ethiopia’s flower exporters are cashing in on Valentine’s Day, as the industry blooms.
Many of the roses that lovers give each other on Valentine’s Day happen to be grown in Ethiopia. In the last decade, the industry has grown from nothing to one of the dominant players on the international market.
Zelalem...
Leather export generates $25.2 million in first quarter
Addis Ababa, Ethiopia (WIC) – Export of leather and leather products earned the country 25.2 million dollars in first quarter of the budget year, Leather Industry Development Institute disclosed.
The export included finished leather, shoes, leather clothing and gloves, Birhanu Serjebo, corporate communications director at the institute, told WIC.
He said export of finished leather is showing a...
Ethiopia earns $475.3 million from two-month export
Addis Ababa (WIC) – Ethiopia earned 475.3 million dollars from two months export, Ministry of Trade (MoT) said.
The performance showed a significant improvement from the same period last year in which the nation earned nearly 300.8 million dollars, Abdurahman Seid, public relations and communications directorate deputy director at MoT, told WIC.
However, the performance failed short of MoT’s...
Ethiopia earns $70.8 million from textiles
Addis Ababa, Ethiopia – Textile exports brought in almost USD 71 million during the last ten months.
That’s almost 50pct better than last year but short of the USD 136.3 Million they hope. As expected, value added finished products like garments and woven crafts have been selling more, 75.1 percent and 5.2 percent respectively.
Textile fabrics were 10.7 percent and yarn at just above nine percent.
Fekadu...
Traditional Weavers to Weave Their Way into International Market
By Hadra Ahmed
Addis Ababa, Ethiopia – Traditional weavers in Addis Abeba are to receive traditional weaving and design training starting this June to help them produce exportable products.
Benefiting from a 3.8 million Br injection from the USAID’s Competitiveness and Trade Expansion Program (COMPETE), the project brings together the Centre for African Women Economic Empowerment (CAWEE), as...
Institute confident to achieve a billion dollar textile export
Addis Ababa, Ethiopia (WIC)Â - Ethiopian Textile Industry Development Institute (ETIDI) is confident that the country would achieve a one billion dollar textile export by the end of the Growth and Transformation Plan (GTP) period.
Ethiopia secured close to 44 million dollars in the first six months of the budget year from export of textile and textile products. This is a record 110 percent growth and...
