Ethiopia Balance of Trade2022 Data - 2023 Forecast - 2006-2021 Historical - Chart

Name: Ethiopia Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Ethiopia,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Ethiopia recorded a trade deficit of 3433.60 USD Million in the fourth quarter of 2021. source: National Bank of Ethiopia

Balance of Trade in Ethiopia averaged -2415.70 USD Million from 2006 until 2021, reaching an all time high of -956.70 USD Million in the second quarter of 2007 and a record low of -3852.10 USD Million in the fourth quarter of 2018. This page provides - Ethiopia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Balance of Trade - values, historical data and charts - was last updated on June of 2022.

Balance of Trade in Ethiopia is expected to be -2850.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Balance of Trade is projected to trend around -3020.00 USD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-3433.60	-3164.20	USD Million	Dec 2021
Current Account	-1405.40	-1301.10	USD Million	Dec 2021
Current Account to GDP	-4.40	-5.30	percent of GDP	Dec 2020
Exports	916.60	972.40	USD Million	Dec 2021
Imports	4350.20	4136.60	USD Million	Dec 2021
Foreign Direct Investment	811.10	816.50	USD Million	Dec 2021

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).