Ethiopia collected some $318 million from the export of flowers and other horticulture products Ethiopian fiscal year, which ended July 7, 2019.

Mekonnen Hailu, Public Relations Director of the Ethiopian Investment Commission (EIC), said the export of flowers alone generated $261 million of the mentioned sum, securing the rest, $57million, from the export of vegetables, fruit, and herbs. Mr. Mekonnen further noted that the bulk of Ethiopia's horticulture products has been steadily increasing, adding that the flower sector plays a major role in generating significant amounts of foreign currency.

The Public Relations Director remarked that over a hundred companies have been engaged in the cultivation of flowers, fruit, and vegetables as well as herbs and supply of high-quality products to the international market.

Ethiopian horticulture products' main export destinations are the Netherlands, Saudi Arabia, UK, USA, Japan, Norway, Germany, UAE, Belgium, and Italy.

Source: Africa Business Networking