5 March 2013

Ethiopia Obtains U.S.$1.7 Billion From Exports Over Seven Months

The Ministry of Trade has announced that Ethiopia secured US$1.7 billion from exports over the last seven months. The Ministry's Public Relations Head, Amakele Yimam, said the revenue exceeded the amount gained during the same period last year by 7.2 percent.

Gold and coffee accounted for the major element of this, but chat, oilseeds, grains, cattle and flowers all contributed significantly. Ato Yimam said the foreign currency obtained from the export of leather and leather products, textiles and garments, fruits and vegetables, as well as spices was also contributing to the realization of the Growth and Transformation Plan.

The Ministry envisages collecting a total of US$5 billion from exports in the current Ethiopian budget year.

Copyright © 2013 Government of Ethiopia. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.