2merkato

Ministry of Trade (MoT) announced Ethiopia earned USD 81.81 Million from the export of live animals during the first six months of the current fiscal year.

Ethiopia has earned USD 89.75 million in revenue from leather export during the current Ethiopian Fiscal Year, according to Leather Industry Development Institute (LIDI).

LIDI Corporate Communication Director, Berhanu Serjebo, told WIC that about USD 74.65 million of the total from the total revenue was secured from finished leather products.

Ethiopia earned one billion US dollars from the export sector in just the last five months according to an announcement by the Ministry of Trade.

The revenue earned over this period has exceeded the revenue raised over the same period in the last fiscal year by 108.6 million US dollars said Amakele Yimam, Head of Publications and Communications with the ministry

A significant portion of the revenue raised came from the export of gold and coffee according to Amakele. Cereals, oilseeds, flowers and live animals were also significant contributors to the increased export revenue he added.

Ethiopia earned an estimated 1.1 billion US dollars from the export of various items over the past five months announced the Ethiopian Ministry of Trade.The revenue earned from exports, in Ethiopia, is 227.5 million US dollars higher than the same period last financial year said Amakele Yemam Public Relations Director for the Ministry of Trade.

During this period, Ethiopia, exported no less than 35 types of agricultural produce and industrial products to about 120 countries across the globe according to Amakele.

The Ethiopian Ministry of Trade and Industry said Ethiopia has earned $1.2 billion in the Ethiopian fiscal year that ended on July 7, 2019.