Ethiopian Exports Fall Short of ExpectationsJanuary 30, 2017 - The Ministry of Industry (MoI) reported to parliament that exports of manufactured products only performed half as well as expected over the last six months of the 2016/17 budget year, according to Capital. The nation earned USD 198.5 million in export revenues which is 56.5 percent of Ethiopia’s goal of USD 349 million. However income from textiles, leather, meat, and dairy exports declined when compared with the same period last year. Leather exports declined 7.5 percent, reaching half of their goal. Meat and dairy exports performed better than textiles and leather however they still fell short of their targets.
Source: Ethiopian News January 30, 2017 23:26 UTC