Leather exports from Ethiopia earned 11.7 Million US Dollars in revenue in the month of June according to the Ethiopian Leather Technology Development Institute.
The revenue was earned through the export of products that include finished leather good such as shoes and gloves noted Birhanu Sirjabo, Director of communications with the Institute.
The amount earned in the month is 4 million US dollars more than what was earned in the month of May he claimed.
The leather products exported came from the 19 local tanneries with ELICO, Friendship and the Ethiopian Leather SC earning 5.3 Million US dollars of the total revenue raised.Davimpex Enterprise and Huajian International Shoe plc also contributed to the export of footwear and gloves earning 3.2 million birr in the reported period said Birhanu.
It is to be remembered that Ethiopia has earned more than 101 million US dollars from leather exports in just the last eleven months announced the Leather Industry Development Institute.
The revenue was earned from the export of leather products to Asia, African and European countries as well as the United States said Berhanu Serjebo, Director of the Corporate Communication Director with the LIDI.
The sum earned from the sector in the reporting period is close to the 104 million US dollars generated in the previous financial year.
Source: Ethiopian News Agency
