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Ethiopia Secures 138 million dollars from cut flowers
Source: ENA
Ethiopia secured 138 million US dollars from the export of cut flowers during the just ended fiscal year.
Flower and Horticultural Products Association President Tsegaye Abebe told ENA on Tuesday that the stated sum was obtained from the export of two billion cut flowers.
Tsegaye said in spite of the current global economic slowdown, the amount gained from the sector has increased,
The sum secured during the reported period exceeds that of last year by 20 per cent, he said.
Cut flowers, which used to be exported to the Netherlands and Germany alone before last year, have been exported to Britain, Sweden, Norway, Japan, Rusia and South Africa last year
Only half of 3,000 hectares of land provided flower cultivation has been developed so far.
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