Leather adds value
09/09/2008
Ethiopia’s ministry of trade and industry has said that it hopes to bring in $1.8 billion from exports this fiscal year, an important increase from the $1.5 billion achieved in the previous year.
The ministry said it aimed to achieve this increase by diversifying exports into new product categories and, especially, by adding greater value to materials and products before they leave the country.
In the last six years export earnings have been growing by 25% per annum, with coffee, pulses, cereal and flowers all important parts of the picture.
However, the minister, Girma Birru, highlighted leather and leathergoods (including shoes) as good examples of products that have been successful in adding value before export.
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