Home / Knowledge / News / Textiles / Ethiopian textile exports zoom in FY11'
Ethiopian textile exports zoom in FY11'
17
Aug '11
Ethiopia's textile exports have zoomed to US$ 62.2 million during the fiscal 2010-11, registering a whopping 168 percent growth over previous fiscal, as per the annual report released by the Textile Industry Development Institute (TIDI).

The export earnings of the textile sector during the fiscal year equalled to 73.1 percent of the US$ 85.1 million targeted for the period.

A major part of these revenues were generated by Ayka Addis Textile & Investment Group which exported goods worth US$ 36 million, which mainly constituted garment and weaving items exports to Italy, Greece, Turkey, Cameroon and Germany. Ayka Addis was set up by Turkish investors with a capital investment of US$ 200 million.

In spite of existing problems with regard to supply of raw materials, provision for technology and designs, and the fact that the country's garment industry is functioning at less than 40 percent of its actual production capacity, the garment sector accounted for 43 percent of the textile industry's overall exports, TIDI noted.

Thread, yarn and woven items each accounted for a 14.3, 37 and 5.4 percent share respectively among textile items exports. Italy, Sudan, Turkey, Germany and the US were the key export destinations.

Presently the Ethiopian garment industry incorporates 88 medium and large scale textile manufacturing units employing around 26,000 workers. TIDI proposes to expand the sector by setting up 12 new factories, over six of which are planned to be set up with foreign investments.

According to the Ministry of Agriculture (MoA) statistics, around 2.6 million hectares of land in Ethiopia is suitable for cotton cultivation, which is same as cotton cultivation acreage of Pakistan, one of world's five leading cotton exporting countries. However, Ethiopia presently utilises only three percent of this area.

Cotton production for fiscal 2010-11 was expected to come to 42,000 tons, but actual production turned out to be only 37,000 tons. On the other hand, textile industry's cotton consumption for the period was 47,000 tons, which is indicative of robustly rising demand for cotton in the West African country.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search