Ethiopia earns $400M from horticulture export

Addis Ababa, May 11, 2020 (FBC) – Ministry of Agriculture sated that Ethiopia has managed to secure close to 400 Million US Dollars from export of horticultural products over the last nine months.

A Horticulture Investment Director at Ministry of Agriculture, Mekonnen Solomon said the horticulture export income has shown an increment compared to the same fiscal period of the previous year, which was 318 US Dollars.

The flower bouquet export has also started again as some countries are easing coronavirus restrictions, Mekonnen Solomon stated.

The Director noted that almost 50 to 60 percent of flower companies have re-started exporting their products.

“This sector will recover soon than other sectors as the global flower market is fast returning to normalcy,” Mekonnen added.