Ethiopia recorded a trade deficit of 3838.30 USD Million in the second quarter of 2022. source: National Bank of Ethiopia

Balance of Trade in Ethiopia averaged -2458.06 USD Million from 2006 until 2022, 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 2023.

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Ethiopia Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -3838.30 -3552.40 USD Million Jun 2022
Current Account -1085.00 -1098.20 USD Million Jun 2022
Current Account to GDP -3.20 -4.60 percent of GDP Dec 2021
Exports 1161.30 1053.50 USD Million Jun 2022
Imports 4999.50 4605.90 USD Million Jun 2022
Foreign Direct Investment 874.30 805.80 USD Million Jun 2022

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
-3838.30 -3552.40 -956.70 -3852.10 2006 - 2022 USD Million Quarterly