(3 minutes read)
Ethiopia earned a revenue of US$ 57.73 million in the past seven months from exporting 10,434 tons of meat and meat derivatives. The country was also able to gain close to US$ 1.5 million from honey, wax, and camel milk during the same period.
Goat meat was the most exported type of meat which registered US$ 50.2 million from the total revenue gained from meat export. The United Arab Emirates and Saudi Arabia are among the top destinations for exports. It also exported to Qatar, Bahrain, and Vietnam. On the other hand, Somalia, Somaliland, and Djibouti are major importers of camel milk from Ethiopia, while honey exporters mainly target European and Far East markets.
Read Also:
https://trendsnafrica.com/ethiopian-central-banks-profit-up/
https://trendsnafrica.com/ethiopia-suspends-15-foreign-media-outlets/
Ethiopia is working to penetrate Chinese and other viable markets by improving the quality of meat and dairy products. Ethiopia ranks sixth in the world in livestock resources. It has the potential to export 200 thousand tons of meat per year.