Home / Knowledge / News / Textiles / Textile exports earnings on a positive trend
Textile exports earnings on a positive trend
Sep '11
A positive trend has been noted in the country's textile export earnings during the initial two months of the current Ethiopian fiscal year.

Ethiopia's textile export earnings grew to US$ 18.5 million during the initial two months of current fiscal year that begun on July 8, as against exports earnings worth US$ 11.6 million achieved during corresponding period last fiscal, that is a growth of nearly 60 percent.

Product-wise, exports earnings from yarn and thread increased by 4.8 percent, garments by 9 percent, weaving items by 8.2 percent and fabrics by 78 percent.

During the last fiscal, Ethiopia exported textiles worth US$ 62.2 million, achieving 73.1 percent of its actual textile export target. The earnings were, however, 178 percent above previous fiscal's earnings worth US$ 23.2 million.

In June itself, the country fetched US$ 6.9 million from textile exports, compared to June 2010's US$ 3.3 million.

From amongst leading domestic textile exporters, Ma Textiles and Garment Factory, Almeda Textile Plc Else, Adama Spinning Factory, Addis Industrial Development Plc and Aika Addis Textile Investment Group significantly contributed to the country's exports during the review period.

China, Djibouti, Germany, Australia, Italy, Belgium, Turkey, Netherlands, UK, Sudan, the United States and United Arab Emirates are Ethiopia's key textile export destinations.

Over 94 percent of Ethiopia's textile exports during the last fiscal were supplied to these countries.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Apparel/Garments | On 24th Feb 2017

Q4FY17 EPS dips 11% at apparel retailer Macy's

For the thirteen weeks period ended January 28, 2017, earning per...

Textiles | On 24th Feb 2017

Net income slips at Westlake Chemicals in Q4

For the three months ended December 31, 2016, net income at US...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman
Gildan Activewear SRL

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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