(Accredited to Cambodia, D.P.R Korea, Laos, Malaysia, Mongolia, Pakistan, Singapore & Vietnam) |
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Export Strategy Ethiopia's
external trade sector is characterized by a significant product &
market concentration. Primary commodities such as coffee, hides &
skins, live animals, pulses and oil seeds heavily dominate its export
trade. Its imports consist of, among others, semi-finished goods, petroleum
& petroleum products, food items, pharmaceuticals, vehicles &
spare parts, raw materials as well as industrial and agricultural capital
goods. When it comes to markets, the developed market economies absorb
and supply over 70 % of the country's exports & imports. Coffee is
the most important export item accounting for about 60% of the country's
export earnings. Cognizant of the need to reduce dependence on coffee
and other few primary export commodities, the government gives emphasis
towards export promotion & diversification. In this line, a new export
development strategy has been adopted. The strategy emphasizes the need
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