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Ethiopia Earns $2.4 Bln from Export

The Ministry of Trade said Friday that Ethiopia earned more than 2.4 billion dollars from the export sector over the last 11 months.

Amakele Yimam, director of public relations and communications directorate, said that the income was greater than that of the same period last fiscal year by 693.9 million dollars. However, he said that the amount fell short of the ministry's projection for the period which was 2.9 billion dollars.

Coffee, the country's long time export item, earned 704.6 million dollars whearas khat, gold and oil seeds made 216, 393.7 and 291.9 million dollars respectively.

Amakele said that exports of spices, minerals and live animals surpassed projections of the fiscal year while that of coffee, floriculture, khat,  incense and natural gum, oil seeds, textiles, veterinary medicines, leather and leather products as well as cash crops met 99 percent the set target.     

Source: Walta Information Centre