Ethiopia earned 62.2 million dollars from the export of textile in the fiscal year to 7 July 2011 achieving 73.1 percent of its projection. The amount is a 178 percent increase from the previous fiscal year’s earning which was 23.2 million dollars.
In June 2011 alone the country earned 6.9 million dollars. The money earned in the same period last year was 3.3 million dollars.
Add a comment Add a commentEthiopian coffee production estimated to fall 18%
Tanzanian Coffee Board said today that the country’s coffee output may fall 20 percent in the 
year through June 2012 following a drought stunted growth.
Production may fall to 45,000 metric tons from 56,247 tons in the 2010-11 season, Adolph Kumburu, director general of the board, said.
Add a comment Add a commentThe International Coffee Organization (ICO) said yesterday that coffee output in Ethiopia might drop by 18 percent in the 2011-12 crop year as a result of a smaller crop in the country.
Output in Ethiopia is expected to fall to 14.4 million bags the coming season from 17.5 million bags in the 2010-11 crop year. The ICO attributed the drop in production to poorer performance in the country.
Add a comment Add a commentThe Bench Majji Zone of the Southern Nations and Nationalities and People's Regional State earned about 900 million birr from sale of over 11,480 tonnes of coffee supplied to the market over the fiscal year which ended on 7 July 2011, the market cooperatives department of the zone said.
Add a comment Add a commentEarns $3 mln from export, plans cotton production on 30,000 ha
Else Addis Industrial Development P.L.C, a textile factory, announced that it had started exporting textile products to different countries around the world.
The first time the company exported its textile products was in March. It exported textile products to the United States, Russia, Ukraine and the Far East countries, Dilek Durular, project coordinator of the company, said.
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