Ethiopia recorded a trade deficit of 2735.10 USD Million in the second quarter of 2021. source: National Bank of Ethiopia

Balance of Trade in Ethiopia averaged -2385.25 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 January of 2022.

Balance of Trade in Ethiopia is expected to be -3020.00 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 -2800.00 USD Million in 2022 and -3020.00 USD Million in 2023, according to our econometric models.

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Ethiopia Balance of Trade

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).
Actual Previous Highest Lowest Dates Unit Frequency
-2735.10 -2690.80 -956.70 -3852.10 2006 - 2021 USD Million Quarterly

Related Last Previous Unit Reference
Balance of Trade -2735.10 -2690.80 USD Million Jun/21
Current Account -926.70 -797.20 USD Million Jun/21
Current Account to GDP -4.40 -5.30 percent of GDP Dec/20
Exports 1176.90 883.10 USD Million Jun/21
Imports 3911.90 3573.90 USD Million Jun/21
Foreign Direct Investment 1906.70 725.10 USD Million Jun/21