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Ethiopia’s Export Products Variety on the Increase

Ethiopia’s Ministry of Trade announced the nation’s export products are on the increase.

According to the Ministry the variety of products the nation sent abroad in the past 10 months has reached 30 and the revenue U.S $ 2.6 Billion. The total revenue shows an increase of U.S $ 120 Million when compared to last year’s same period.

Amakele Yemam, Public Relations and Communications Head at the Ministry, appreciated the increase in the destination of the export products as well as the types and amount of the products. Elaborating this he said, currently Ethiopia exports 15 types of agricultural products, 10 industrial and five mineral and other products.

Amakele further noted efforts being made to export value added products instead of raw materials is encouraging especially in the textile and leather sectors.

Major destinations of Ethiopian products during the 10 months of the current fiscal year are Somalia, China, Germany, the Netherlands and Saudi Arabia.

Source: Ethiopian News Agency