[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · ETH · 2024
Ethiopia trade profile
In 2024, Ethiopia recorded $4.0B in merchandise exports and $15.1B in imports, producing a $11.1B trade deficit. Exports changed +13.9% from the previous year, while imports changed +5.5%.[1]
Exports
$4.0B
+13.9%
Imports
$15.1B
+5.5%
Trade balance
-$11.1B
deficit
Active partners
1080
0 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$1.4B
HS 09 · HS chapter
39 active HS6 lines · 107 export partners
2$961.6M
HS 71 · Precious metals and stones
45 active HS6 lines · 46 export partners
3$307.3M
HS 12 · HS chapter
46 active HS6 lines · 66 export partners
4$221.4M
HS 06 · HS chapter
16 active HS6 lines · 81 export partners
5$173.6M
HS 07 · HS chapter
64 active HS6 lines · 80 export partners
6$169.4M
HS 61 · HS chapter
106 active HS6 lines · 107 export partners
7$129.8M
HS 62 · HS chapter
112 active HS6 lines · 111 export partners
8$100.8M
HS 27 · Mineral fuels and oils
36 active HS6 lines · 11 export partners
Leading export markets
Destinations rank bilateral export flows from Ethiopia; growth describes each corridor rather than the whole economy.
1$1.0B
United Arab Emirates
Annual change +211.9% · 3-year CAGR 2.4%
2$443.0M
United States
Annual change +1.2% · 3-year CAGR -5.6%
3$364.6M
China
Annual change +11.9% · 3-year CAGR 13.3%
4$355.8M
Saudi Arabia
Annual change +17.8% · 3-year CAGR 14.9%
5$235.2M
Germany
Annual change +59.2% · 3-year CAGR -0.4%
6$129.2M
Netherlands
Annual change -31.3% · 3-year CAGR -9.4%
7$117.3M
South Korea
Annual change +1.6% · 3-year CAGR 13.5%
8$115.9M
Japan
Annual change +5.8% · 3-year CAGR 6.5%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.