Ethiopia recorded a trade deficit of 3309.60 USD Million in the fourth quarter of 2024. Balance of Trade in Ethiopia averaged -2592.15 USD Million from 2006 until 2024, reaching an all time high of -956.70 USD Million in the second quarter of 2007 and a record low of -4280.10 USD Million in the fourth quarter of 2023. source: National Bank of Ethiopia

Related	Last	Previous	Unit	Reference
Current Account	-1179.70	-479.50	USD Million	Dec 2024
Current Account to GDP	-2.90	-4.20	percent of GDP	Dec 2025

Ethiopia Balance of Trade

Ethiopia runs consistent trade deficits due to small production of exportable goods and logistic difficulties. Main exports are gold, coffee, live animals and oilseeds. Ethiopia is a net importer of fuel, foodstuffs and textile apparel. Main trading partners are China (18 percent of total imports and 8 percent of exports) and Saudi Arabia (13 percent of imports and 7 percent of exports).