Import and Export

Ethiopia Earned US$593 Million from Export of Minerals

n in the just ended Ethiopian Fiscal Year, short of US$255 of the target set by the Ministry of Mines for the budget year. The revenue has also decreased by US$61 million compared to earnings of same period last Ethiopian Fiscal Year.

The decrease is said to be as a result of price fall of gold in the global market, which causes companies in Ethiopia to reduce their gold export, according to Sinkinesh Ijigu, Minister of Mines. Add a comment Add a comment

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Ethiopia Preparing to Submit its Offer on Services to WTO

Ethiopia is planning to submit its offer on services to the World Trade Organization in September 2013 as part of its accession bid. Ethiopia is currently working on offers for 160 service industries, some of which are controlled by the state.

Last year, Ethiopia has submitted suggested tariffs on goods to member countries for negotiation, Geremew Ayalew, head of the trade relation and negotiation directorate at the Trade Ministry, said in an interview with Bloomberg in Addis Ababa.

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Export of Leather Products Fetches US$111.1 Million

Ethiopia has earned  US$111.1 million from the export of leather products over the past eleven months of the current Ethiopian Fiscal year, according to the Leather and Industry Development Institute (LIDI).

Of the total revenue, nearly 92 million USD was obtained from export of finished leather products, Birhanu Serjebo, corporate communication director with the Institute indicated. Add a comment Add a comment

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Ethiopia Earned US$2.8 Billion from Export

Ethiopia has earned US$2.8 billion from export of various commodities during the past 11 months, according to the Ministry of Trade (MoT).

Ministry Corporate Communication Directorate Directore, Amakele Yimam, told Walta Information Center that the country has exported 37, 358 tonnes of agricultural produces, manufacturing, minerals and other products during the stated period. Add a comment Add a comment

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Ethiopia Earned USD 2.2B from Exports

Ethiopia has Earned close to USD 2.2 billion from export during the past nine months of the current Ethiopian Fiscal year. The figure showed a 2.8 percent increment compared to the same period during the past year.

Coffee still remains Ethiopia's leading export commodity fetching USD 513.8 million, followed by gold at USD 432.1 million and oil seeds generating USD 314.5 million.

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