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

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search