Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on July 8, 2013, according to the Textile Industry Development Institute (TIDI).
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
The exports were $9.8 million higher than the amount earned during the corresponding period of the previous fiscal year, Ethiopian News Agency reported quoting TIDI communications director Bantihune Gesesse.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
Germany, Turkey, Italy, Sudan, China and the US were the main destinations for Ethiopian textiles and clothing items during the nine-month period.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
Although the value of textile and garment exports is higher when compared to the previous fiscal year, it is short of the yearly target.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
Under the Growth and Transformation Plan (GTP), the Ethiopian Government has targeted to achieve $1 billion in exports of textiles and apparel during 2010-11 to 2014-15 period.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
However, the performance of the Ethiopian textile and apparel exports during the first three years of GTP period was only $305 million, much below the $637 million envisaged during the period under the GTP.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
In 2012-13, Ethiopian textile and clothing exports fetched US$ 99 million, which was much lower than the Government target of US$ 357 million for the financial year.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
During the nine-month period of 2013-14, only 16 companies together accounted for more than 80 percent share in export of textiles and apparel, according to TIDI.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
There are over 100 companies operating in the Ethiopian textile and clothing sector.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
TIDI has set a target of $250 million for textile and apparel exports during the current financial year.
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on #
Fibre2fashion News Desk - India