Ethiopian flower exports wilting
09 / 12 / 2008
ETHIOPIAN flower exports are down due to euro and dollar currency fluctuations and the global economic slowdown.
Flowers exports from Ethiopia during last year made nearly US$100 million making them the fourth major foreign currency earner for the economically struggling country.
Ethiopian Airlines uses two Boeing 757, an MD-11 and occasionally two 747s for its cargo business. It is continuing to upgrade its fleet under the prediction that the trade will pick up again both in the short term, during the flower export peak season of December to April and the long term, when the global economy stabilises.