Trade Trend

In 2023, Ethiopia's total export value is 2.70Billion USD, total import value is 7.04Billion USD, Deficit is -4.34Billion USD, and foreign trade dependency is 0.059. In 2023，Ethiopia's top export products are Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(1.09Billion USD), Flowers; cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared(250.53Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(209.30Million USD), top export destinations are United States(515.61Million USD), China(435.95Million USD), Netherlands(227.22Million USD). In 2023, Ethiopia's top import products are None(734.90Million USD), Turbojets, turbopropellers and other gas turbines(374.04Million USD), Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(275.14Million USD), top import origins are China(2.59Billion USD), United States(1.21Billion USD), India(474.76Million USD).

Comparing to 2022, Ethiopia's total export value decreased -383.15Million USD(-12.42%) in 2023, this could result from its export decreases of products such as Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(-425.64Million USD or -28.15%), Vegetables; n.e.c. in chapter 07, fresh or chilled(-231.12Million USD or -99.23%), Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar roots and tubers with high starch or inulin content; fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets; sago pith(-58.40Million USD or -99.99%) and export decreases to countries/economics such as Germany(-82.74Million USD or -32.08%), Belgium(-51.90Million USD or -37.64%), Vietnam(-29.10Million USD or -74.81%). Comparing to 2022, Ethiopia's total import value decreased -9.51Billion USD(-57.48%) in 2023, this could result from its import decreases of products such as Palm oil and its fractions; whether or not refined, but not chemically modified(-889.18Million USD or -99.32%), Fertilizers; mineral or chemical, containing 2 or 3 of the elements nitrogen, phosphorus, potassium; other fertilisers; goods of chapter 31 in tablets or packages of gross weight not exceeding 10kg(-771.25Million USD or -98.73%), Wheat and meslin(-701.55Million USD or -80.99%), and its import decreases from countries/economies such as China(-2.36Billion USD or -47.70%), India(-1.89Billion USD or -79.93%), Morocco(-706.00Million USD or -99.96%).

Cumulated to first 6 months of 2024, Ethiopia's total export value is 852.53Million USD, total import value is 2.58Billion USD, and tradedeficit is -1.73Billion USD. Cumulated to first 6 months of 2024, Ethiopia's top export products are Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(229.73Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(173.61Million USD), Flowers; cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared(99.38Million USD), and top export destinations are China(225.63Million USD), United States(150.06Million USD), Netherlands(85.95Million USD). Cumulated to first 6 months of 2024, Ethiopia's top import products are Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(229.73Million USD), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken(173.61Million USD), Flowers; cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared(99.38Million USD), and top import origins areChina(1.30Billion USD), United States(330.80Million USD), India(164.78Million USD).