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China Has Become The Largest Export Destination Of Ethiopia, With Exports Of Ethiopia Leather To China Reaching 30 Million

2014/8/6 16:49:00 43

EthiopiaLeatherExport To China

< p > > the world's < a target= "_blank" href= "//m.pmae.cn/" > clothing < /a > a target= "_blank" href= "_blank" > shoes, < hat > net of the small net to give you the introduction of "Ethiopia", "leather", "leather" and "export" to China, exports to 30 million, in good condition.

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According to the latest report issued by the Ethiopian trade department, in the past fiscal year (2013/2014), China replaced Somalia as the largest export destination of Ethiopia, and Ethiopia exported about 447 million US dollars to China, accounting for 13.7% of the total export of Ethiopia.

Judging from the variety, sesame and other oil crops are the main export varieties, amounting to about 382 million US dollars, helping China to win the first place from second.

Industrial products (such as leather and < a target= "_blank" href= "//m.pmae.cn/" > textile > /a > products) exported to China were also relatively good, reaching 30 million US dollars and 8 million 700 thousand US dollars respectively.

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"P > > Ethiopia" a href= "//m.pmae.cn/news/index_s.asp" export > /a "increased by 5.8%, up to 3 billion 250 million US dollars.

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< p > from the national perspective, the other major export countries of Ethiopia are Somalia, Germany, Saudi Arabia, Holland and so on. Ethiopia exports to the US only seventh, accounting for 4.3%.

Second of Somalia mainly exported hay grass (a light drug plant) and livestock, which were 232 million US dollars and 90 million US dollars respectively.

Asia became the largest export market of Ethiopia, accounting for 37%, while Europe and Africa ranked two or three, accounting for 29.6% and 18.6% respectively.

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From P, coffee continues to lead Ethiopia to export, which exports about 190 thousand tons, accounting for 3.7% of total exports, or about 720 million US dollars, a slight decrease over the past two years, mainly due to the decline in the price of the international coffee market.

Oil plants exported about 300 thousand tons, amounting to $643 million, up 45.8% from the same period last year, of which 96% is sesame.

The third largest export product is gold, or about 456 million US dollars. The main export products of the group are 297 million, 251 million and 200 million dollars.

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The export goal of the Ethiopian government in the current fiscal year is US $5 billion. It is worth noting that with the entry of foreign investors, the export of industrial products has developed rapidly in P.

The footwear industry has become a new bright spot for export of Ethiopia, an increase of 57.1% over the same period last year, reaching US $28 million 700 thousand, and the development of the textile industry is also more optimistic, up 13.4% over the previous year, reaching US $110 million.

With the acceleration of the industrialization process of Ethiopia, the future export of the industrial sector is expected to rise in volume and price.

The world bank's report last week also recommended that the Ethiopian government devalue the currency by 10% to stimulate international trade. < a href= "//m.pmae.cn/news/index_p.asp" > Ethiopia /a > the Ministry of trade responded that it would take more measures to stimulate exports in the current fiscal year.

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