Ethiopia recorded a trade deficit of 2806.20 USD Million in the first quarter of 2018. Balance of Trade in Ethiopia averaged -2256.70 USD Million from 2006 until 2018, reaching an all time high of -956.70 USD Million in the second quarter of 2007 and a record low of -3737 USD Million in the fourth quarter of 2014.

Balance of Trade in Ethiopia is expected to be -3263.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Ethiopia to stand at -3235.00 in 12 months time. In the long-term, the Ethiopia Balance of Trade is projected to trend around -3225.00 USD Million in 2020, according to our econometric models.

Ethiopia Balance of Trade
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Ethiopia Trade Last Previous Highest Lowest Unit
Balance of Trade -2806.20 -3361.90 -956.70 -3737.00 USD Million [+]
Exports 739.30 669.50 984.20 265.90 USD Million [+]
Imports 3545.50 4031.40 4382.60 1355.50 USD Million [+]
Current Account -1435.60 -2077.20 2008.50 -2458.20 USD Million [+]
Current Account to GDP -8.50 -9.90 1.50 -12.60 percent [+]
Terrorism Index 5.94 3.45 5.94 2.31 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Ethiopia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2806.20 -3361.90 -956.70 -3737.00 2006 - 2018 USD Million Quarterly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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