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Showing posts from January 1, 2008

Ethiopia Sees 1.7 Billion USD Income From Exports

By Tesfa-alem Tekle Sudan Tribune January 01, 2008 (ADDIS ABABA) — The Ministry of Trade and Industry said some 443.7 million USD has been earned from exported items in the last five months. "The income just collected is a 29% increase compared to an income collected last year over the same period of time" Public Relation Head with the Ministry,Haile Abebe said. He said coffee, oils seeds, khat, cereals, leather and leather products, gold and cut flowers have generated the highest earnings respectively. According to the Ministry Ethiopia expects to earn 1.7 billion USD income this Ethiopian budget year. The head said" 46,310 tons of coffee has been exported to various countries and brought 127 million USD." The volume of cotton, cereals, tantalum and beef and meat and cattle exported in the reported period shown a remarkable increase from the target set for the period. Hailu added. Ethiopia’s export trade is increasing at a high rate in the last three years and the ...

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