Import and Export

ECX to Sell Full Membership Seats to Farmers Cooperatives

The Ethiopian Commodity Exchange (ECX) is to sell full membership seats for farmers cooperatives. Earlier this year, the exchange has announced that it will provide 30 full membership seats for farmer cooperatives to facilitate their direct involvement in the exchange.

The sell will double farmers cooperative's membership in the exchange. Currently, the majority of full membership seats are controlled by private companies. Add a comment Add a comment

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S. African Investors Discussed Opportunities with Ethiopian Chamber of Commerce

South African investors on Thursday discussed with counterparts from Ethiopian Chamber of Commerce and Sectoral Associations on ways of working together.

Speaking on the occasion, Laurence Saville, president of Johannesburg Chamber of Commerce, said cooperation between the two chambers is vital to strengthening trade ties between the two nations. Add a comment Add a comment

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Ethiopia Secured USD 17.7 Million from Valentine’s Day Flower Export

 

Ethiopia has secured more than USD 17.7 million from Valentine’s Day celebration flower export.The country earned the revenue from the export of 210.8 million stems flower to the international market in this Valentine’s Day celebration.

The flower export during this year’s Valentine’s Day exceeded in quantity as well as in terms of revenue as of the same period last year.

Last year’s Valentine’s Day celebration, the country earned 17.4 million USD from the sale of 195.6 million flower stems. The amount secured has been increased by 300,000 USD this year.

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Ethiopian Coffee Export and Supply Improved

Ethiopia’s earnings from coffee export registered a 13.1 per cent growth in the past seven months owing to increase in the supply of the country's major export commodity to the international market.

Ethiopia has exported more than 100 thousand tons of coffee over the past seven month, showing a 59 per cent increase in supply compared to the previous budget year, a Ministry of Trade report indicated. Add a comment Add a comment

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