Tuesday, January 31, 2023

Tag: Export

Coffee bags USD 204 mln in three months

Still quite shy of its target and last year’s performance, the export of 60,000 tons of coffee has generated USD 204 million during the first quarter of the current fiscal year, The Reporter has learnt.

Ethiopia likely to feel effects of global trade war

Launching the annual series of Trade and Development Report, an official with the United Nations Conference on Trade and Development (UNTCAD) underscored the likelihood of Ethiopia to feel the heavy hand of the ongoing global trade war initiated by the aggressive policies of US president Donald Trump against Chinese goods and exports.

Minerals export fetches an all-time low USD 130 million

The minerals export earnings, which has been declining in the past consecutive years, fetched an all-time low revenue of USD 130 million in the 2017-2018 fiscal year that ended last June. 

Manufacturing export misses target

The local manufacturing sector exported less than 50 percent of the plan set in the export target in the 2017-2018 fiscal year.

 Kenticha tantalum mine looted

The Kenticha tantalum mine, which is being run by the Ethiopian Minerals, Petroleum and Bio Fuel Corporation, has been looted by unidentified individuals, The Reporter has learnt.

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