Home / Knowledge / News / Textiles / Ethiopian textile exports rise significantly
Ethiopian textile exports rise significantly
06
Feb '12
Exports of textile and textile products from Ethiopia have gone up considerably over the last six months, according to the Ethiopian Textile Development Institute.

Ethiopia earned around US$ 44 million in textile and textile item exports during the last two quarters, which is almost US$ 23 million more than exports registered during the same period last year, Sileshi Lemma, Director General of the Textile Development Institute said.

Almeda Textile, Elsie Addis Textile Factory, Aika Addis Textile and Investment Group, NovaStar Garment plc, Ma Textile and Garment Factory and Kombolcha Textile Share Company were the major exporters during the period, Sileshi said.

Ethiopia mainly shipped its textile and textile goods to China, Germany, Sudan, Belgium, United Kingdom, Turkey, Djibouti, United States of America and United Arab Emirates.

According to the Ethiopian Ministry of Industry's Corporate Director, Melaku Taye, over the past two quarters, Ethiopia earned US$ 137.7 million in export of manufactured items, including leather and leather goods, chemical products, textiles and garments.

The earnings of the manufacturing sector are continuously growing, and the revenues generated during the last two quarters are over US$ 56.7 million more than revenues generated during the same period last year, Melaku noted.

Various measures like enhancing raw material supply, introducing a speedy customs system, investment promotion and developing marketing links domestically and internationally, are being employed by the country to boost export earnings, he added.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Rupa Sood and Sharan Apparao
Nayaab

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
March 2017

March 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