Ethiopia(excludes Eritrea) top 5 Export and Import partners
| Market |
Trade (US$ Mil) |
Partner share(%) |
| Saudi Arabia |
138 |
8.88 |
| United States |
122 |
7.85 |
| United Arab Emirates |
112 |
7.25 |
| Israel |
92 |
5.92 |
What is Ethiopia’s #1 export?
The Top 10 Exports Of Ethiopia
| Rank |
Export Product |
% Of Total Export |
| 1 |
Coffee |
24% |
| 2 |
Other Oily Seeds |
14% |
| 3 |
Gold |
11% |
| 4 |
Dried Legumes |
8.7% |
What does US trade with Ethiopia?
The top import categories (2-digit HS) in 2019 were: coffee, tea & spice (coffee) ($131 million), woven apparel ($112 million), knit apparel ($98 million), special other (returns) ($95 million), and electrical machinery ($45 million).
What type of economy does Ethiopia have?
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy.
What is Ethiopia biggest import?
Ethiopia main imports are: foodstuffs, textile, machinery and fuel. Ethiopia main trading partners are: China (18 percent of total imports), Saudi Arabia (13 percent), United States (9 percent), Russia and India.
What are the main exports and imports of Ethiopia?
In 2019, Ethiopia’s major goods exports included coffee (28.7%), cut flowers (14.1%), oil seeds (11.5%), chat (10.9%), pulses (7.9%), gold (6.6%), leather and leather products (2.4%).
…
| Year |
U.S. Exports to Ethiopia |
U.S. Imports from Ethiopia |
| 2019 |
1,010,790,000 |
571,540,000 |
| 2020 |
910,940,000 |
524,530,000 |
How many exporters are there in Ethiopia?
Overview In 2019 Ethiopia was the number 62 economy in the world in terms of GDP (current US$), the number 132 in total exports, the number 110 in total imports, the number N/A economy in terms of GDP per capita (current US$) and the number 108 most complex economy according to the Economic Complexity Index (ECI).
What does Ethiopia trade with China?
During 2019, Ethiopia had a large net trade with China in the exports of Vegetable Products ($258M), Mineral Products ($200M), and Animal Hides ($49.2M).
What are the major challenges Ethiopia exporters are facing?
Among the most frequently reported obstacles to doing business in Ethiopia are a lack of transparency in the government procurement system, including canceled tenders, as well as poor infrastructure, bureaucratic procedures, lack of coordination, inefficiency in government agencies and systems, a foreign exchange …
What is the trade industry?
Trade industry may refer to: Trade, the exchange of goods. … Retail industry. Activity related to providing trade (occupation) Department of Trade and Industry (disambiguation), a division of government.
What did ancient Ethiopia trade?
Since ancient times, Ethiopian traders exchanged gold, ivory, musk, and wild animal skins for salt and luxury goods, such as silk and velvet. By the late nineteenth century, coffee had become one of Ethiopia’s more important cash crops.
