Ethiopia earns over 103 million dollars from export of sesame

Ethiopia said on Sunday it has earned 103.7 million U.S. dollars from the export of over 122, 000 tons of sesame during the last three months since December last year.

Abera Geyessa, head of the Export Promotion Department of the Ministry of Trade and Industry, told journalists that the product now has a 30 percent share of the country's gross domestic product (GDP), exceeding coffee that contributed a 60 percent share to the GDP three years ago.

China, Africa, Europe and America are the major potential market places, Abera said.

Located in the equatorial belt, Ethiopia has an ideal climatic condition that helps in producing sesame. Also, sesame produced in Ethiopia is of top quality.

Ethiopia is among the least developed countries where the economy is primarily agriculture based and quite backward. Like many other nations in Africa, Ethiopia relies greatly on the trade of primary goods.

Source: Xinhua