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Ethiopia is land-locked, lies in the north eastern part of Africa commonly known as the Horn of Africa and is bounded by Sudan, Eritrea, Djibouti, Somalia and Kenya. The total area of Ethiopia is 1,133,380 square km (437,600 sq miles). Ethiopia with 70 million people is the third most populous African country.
Ethiopia being a landlocked nation the port of Djibouti has become Ethiopia's principal trade route. This port is of importance in view of its main trading partners being Saudi Arabia, German y, Italy and Japan. Indications are that this will change as Ethiopia strives to diversify her trade routes to Somalia and even Kenya and Sudan.
The main exports are coffee, leather products and gold. However, total exports are only about US $420 million. Other sectors of economic activity include food processing, chemicals, textiles, coffee, oilseeds and grains. |
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