Addis Ababa, December 30 (WIC) – Ethiopia has secured more than $1.1 billion in revenue from export of various commodities to overseas over the past five months, the Ministry of Trade said.
In an exclusive interview with ENA on Tuesday, Public Relations Director with the Ministry, Amakele Yemam said the revenue exceeds that of same period last year by $227.5 million.
The country has exported about 35 types of agricultural and industrial products to more than 120 countries worldwide during the reported period, he said.
Coffee, gold, Khat, oil seeds and live animals accounted for $817.7 million of the total sum obtained during the period, the Director said. The balance was obtained from other industrial and agricultural products.
The nation has targeted to obtain $4.5 billion in revenue from export trade this Ethiopian fiscal year. Some $2.75 billion was secured from foreign trade in 2003 E.C.
Amakele said the revenue the country obtains from foreign trade has been increasing from time to time.
He said incentives and support provided by the government combined with the increase in the number and quality of export items played major role for the raise in the amount of revenue obtained. (ENA)