Ethiopia
Compare Ethiopia →ET · ETH · BACI 231 · latest data 2024
Exports
= $3,211 M6.5% over 5 yrs (down)
Imports
= $7,225 M53.7% over 5 yrs (down)
Trade balancedeficit
= −$4,014 M
Total trade
= $10,436 M45.2% over 5 yrs (down)
- World position
- #132 of 225 exporters · bottom half · #130 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Ethiopia's exports grew from $585M in 1995 to $3.2B in 2024; the 2024 balance was −$4.0B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $585 M | $1,617 M | −$1,032 M | $2,203 M |
| 1996 | $461 M | $1,121 M | −$659 M | $1,582 M |
| 1997 | $703 M | $1,643 M | −$940 M | $2,346 M |
| 1998 | $709 M | $2,050 M | −$1,341 M | $2,759 M |
| 1999 | $513 M | $1,955 M | −$1,442 M | $2,467 M |
| 2000 | $594 M | $1,613 M | −$1,020 M | $2,207 M |
| 2001 | $501 M | $1,972 M | −$1,471 M | $2,473 M |
| 2002 | $545 M | $1,860 M | −$1,315 M | $2,404 M |
| 2003 | $675 M | $2,764 M | −$2,089 M | $3,439 M |
| 2004 | $801 M | $3,213 M | −$2,411 M | $4,014 M |
| 2005 | $958 M | $4,839 M | −$3,881 M | $5,797 M |
| 2006 | $969 M | $5,804 M | −$4,835 M | $6,773 M |
| 2007 | $1,403 M | $6,198 M | −$4,795 M | $7,601 M |
| 2008 | $1,676 M | $8,941 M | −$7,265 M | $10,616 M |
| 2009 | $1,576 M | $8,318 M | −$6,742 M | $9,894 M |
| 2010 | $1,916 M | $9,062 M | −$7,146 M | $10,978 M |
| 2011 | $2,293 M | $9,662 M | −$7,369 M | $11,955 M |
| 2012 | $2,626 M | $12,772 M | −$10,146 M | $15,398 M |
| 2013 | $2,576 M | $12,358 M | −$9,782 M | $14,933 M |
| 2014 | $3,137 M | $16,509 M | −$13,372 M | $19,646 M |
| 2015 | $3,313 M | $17,199 M | −$13,885 M | $20,512 M |
| 2016 | $3,128 M | $17,791 M | −$14,663 M | $20,918 M |
| 2017 | $3,327 M | $16,883 M | −$13,556 M | $20,210 M |
| 2018 | $2,907 M | $15,878 M | −$12,972 M | $18,785 M |
| 2019 | $3,434 M | $15,607 M | −$12,172 M | $19,041 M |
| 2020 | $3,665 M | $14,022 M | −$10,358 M | $17,687 M |
| 2021 | $4,517 M | $17,626 M | −$13,109 M | $22,144 M |
| 2022 | $4,526 M | $18,849 M | −$14,323 M | $23,374 M |
| 2023 | $3,973 M | $19,812 M | −$15,839 M | $23,785 M |
| 2024 | $3,211 M | $7,225 M | −$4,014 M | $10,436 M |
Trading partners
China was Ethiopia's top trading partner in 2024, at 34.0% of total trade; the top five partners covered 59.3%.
- Top partner share
- 34.0%
- Top-5 share
- 59.3%
- Partners
- 122
- Partner HHI (0–1)
- 0.141
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $409 M | $3,142 M | $3,551 M | −$2,733 M |
| #2 | France | $117 M | $748 M | $865 M | −$631 M |
| #3 | United States | $409 M | $386 M | $795 M | $23 M |
| #4 | India | $86 M | $443 M | $529 M | −$357 M |
| #5 | United Kingdom | $64 M | $380 M | $444 M | −$315 M |
| #6 | Saudi Arabia | $376 M | $41 M | $418 M | $335 M |
| #7 | Germany | $250 M | $139 M | $389 M | $110 M |
| #8 | Netherlands | $214 M | $94 M | $309 M | $120 M |
| #9 | Italy | $113 M | $174 M | $287 M | −$61 M |
| #10 | South Korea | $126 M | $148 M | $274 M | −$22 M |
| #11 | Türkiye | $43 M | $190 M | $233 M | −$148 M |
| #12 | Kenya | $100 M | $112 M | $211 M | −$12 M |
| #13 | Singapore | $68 M | $114 M | $182 M | −$46 M |
| #14 | Japan | $130 M | $49 M | $179 M | $80 M |
| #15 | Belgium | $27 M | $136 M | $163 M | −$110 M |
Products & sectors
Product composition of Ethiopia's trade in 2024.
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Concentration & risk
Ethiopia's export partners diversified over 1995–2024 — HHI 0.127 → 0.067, a diversified export base across 120 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.127 | 0.071 | 84 | 109 |
| 1996 | 0.139 | 0.066 | 76 | 66 |
| 1997 | 0.080 | 0.052 | 99 | 145 |
| 1998 | 0.094 | 0.059 | 98 | 141 |
| 1999 | 0.075 | 0.047 | 95 | 142 |
| 2000 | 0.072 | 0.056 | 117 | 155 |
| 2001 | 0.065 | 0.051 | 125 | 151 |
| 2002 | 0.061 | 0.050 | 134 | 165 |
| 2003 | 0.063 | 0.082 | 135 | 172 |
| 2004 | 0.056 | 0.058 | 144 | 178 |
| 2005 | 0.052 | 0.062 | 157 | 189 |
| 2006 | 0.075 | 0.066 | 121 | 173 |
| 2007 | 0.050 | 0.069 | 153 | 170 |
| 2008 | 0.055 | 0.079 | 157 | 160 |
| 2009 | 0.062 | 0.083 | 157 | 162 |
| 2010 | 0.061 | 0.081 | 158 | 159 |
| 2011 | 0.064 | 0.063 | 159 | 168 |
| 2012 | 0.065 | 0.082 | 156 | 166 |
| 2013 | 0.061 | 0.101 | 167 | 164 |
| 2014 | 0.067 | 0.124 | 162 | 165 |
| 2015 | 0.074 | 0.135 | 167 | 161 |
| 2016 | 0.064 | 0.113 | 167 | 166 |
| 2017 | 0.057 | 0.106 | 167 | 168 |
| 2018 | 0.057 | 0.093 | 168 | 172 |
| 2019 | 0.057 | 0.096 | 166 | 171 |
| 2020 | 0.052 | 0.106 | 171 | 169 |
| 2021 | 0.087 | 0.095 | 168 | 168 |
| 2022 | 0.069 | 0.107 | 161 | 170 |
| 2023 | 0.052 | 0.117 | 161 | 164 |
| 2024 | 0.067 | 0.213 | 120 | 94 |
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