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ADDIS ABABA Dell Curry Jersey , July 31 (Xinhua) -- Global economic cool down has stunted Ethiopia's export targets in the just ended Ethiopian Fiscal Year 201617 (EFY) earning the country only 61.2 percent of its export targets.


Speaking to Xinhua on Monday, Tesfaye Tadesse, higher Public Relations Officer at Ethiopia's Ministry of Trade (MoT) said the country only earned 2.91 billion US dollars out of a target of 4.75 billion US dollars for EFY 201617.


The export revenues for EFY 201617 however was marginally better than the same time during the previous year, growing by around 1.8 percent.


Tadesse said delay in commissioning of planned manufacturing plants; incomplete provision of inputs needed for export oriented manufacturing plants; illegal cross border trade and poor quality in some export items also contributed to the disappointing export revenues.


Agricultural exports contributed the largest share with 2.18 billion US dollars, followed by manufacturing sector at 413 million US dollars and mining sector at around 230.8 million US dollars.


Xi reviews parade in field for first time


Military parade held to mark PLA 90th birthday


SWAT team members take part in drill in E China's Shanghai


Typhoon Haitang lands in east China's Fujian


Military parade held to mark PLA 90th birthday (Part I)


Martial arts competition held in China's Henan


Int'l Army Games 2017 held in NW China


Triplet giant pandas celebrate 3rd birthday in S China's Guangzhou


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