Ministry of Trade and Regional Integration Secures Close to 3 Billion US Dollars Over Ten Months

The Ministry of Trade and Regional Integration announced today that it has obtained 2.912 billion US dollars from export trade in the ten months of this fiscal year.

The income was obtained by exporting various products, the Ethiopian News Agency has learned.

Of the total export income, the agricultural sector has taken a lion’s share accounting for 78.26 percent.

Similarly, the manufacturing sector accounted for 11.76 percent, while meat and dairy industry recorded 2.62 percent; mining recorded 6.41 percent, and electricity and other registered 3.57 percent.

However, the plan of the ministry over the past ten months was to earn 4.24 billion US dollars from exports, it was learnt.

According to the ministry, a marketing guide for products of farming investment has been prepared and implemented in order to maximize the export trade.

Moreover, in terms of quantity, the Ministry of Trade and Regional Integration has established working mechanism to increase the supply of export products and discussion has been conducted with the government of Djibouti regarding the cost of Khat delivery.

Source: Ethiopian News Agency