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Ethiopia
made over $ 850 mln from export trade: Minister
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 ADDIS
ABEBA(April 2,2008) - Ethiopia
earned a sum of 854.5 million US dollars from Export trade in the
past eight months registering a 32% jump compare with that obtained
during the same period last year, Minister of Trade and Industry Girma
Biru said on Tuesday.
The gain exceeded a 20 -25% annual sure projected under the five-year
plan, the minister Girma said in his eight-month report to the Parliament.
He said Coffee took the lions share for the total amount made with
a 251.1 million dollars export trade which included oil products,
grain and spices.
Ethiopia exported some 85442 tones of coffee to the international
market fetching 29.4% of the total export trade income, Girma said.
According to the minister, oil products, grain and spices scored a
217.8 million dollar income for the country next to coffee, and accounting
to 25.5% of the total income generated during the reported period.
Other produces including leather and leather products, beef and livestock,
flower, Khat, textile and garment and horticulture products also contributed
for the overall income through the stated period of time, Girma said.
The minister said it was notable that the country reached to a level
where it has 30 types of export items as opposed to a decade or so
ago when the country's export was limited to only coffee and a few
agriculture products.
The minister said the number of destinations to which Ethiopia's export
items go also saw a marked increase as the volume3 of trade grew.
"The number of countries who bought Ethiopian products has risen
to 120 exceeding the number before ten years which was only 57,"
Girma said.
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