Important export products from Ethiopia are refined oil products and agrarian products like flowers.
In particular, rose nurseries
There are about 50 nurseries, with the majority cultivating roses. Other crops that are grown include:
The most common colours are:
The nurseries are established in seven different regions. Most of them are clustered around Addis Abeba because of:
- The good climate at the high elevation
- Access to the airport
- Better infrastructure
- Availability of energy
- Telecommunications and water
The export value in Ethiopia has grown enormously: from €133 million in 2010 to €333 million in 2015. Ethiopia is the most important export country for flowers in Africa after Kenya. Some 91% is exported to the Netherlands, and a large proportion of that is sold via Royal FloraHolland. Many roses find their way to Germany, France and the UK after the flower auction.
Recently, Ethiopia has been struggling with social unrest and inflation. Despite the recent instability, the economic prospects remain positive. Companies with investment plans are taken an expectant attitude. The government will have to compensate the millions of people affected by poverty to restore political stability.
Source: Royal FloraHolland