Ethiopia recorded a trade deficit of 2879 USD Million in the first quarter of 2019. Balance of Trade in Ethiopia averaged -2329.83 USD Million from 2006 until 2019, 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.

Balance of Trade in Ethiopia is expected to be -2920.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Ethiopia to stand at -2950.00 in 12 months time. In the long-term, the Ethiopia Balance of Trade is projected to trend around -3900.00 USD Million in 2020, according to our econometric models.

Ethiopia Balance of Trade
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Ethiopia Trade Last Previous Highest Lowest Unit
Balance of Trade -2879.00 -3852.10 -956.70 -3852.10 USD Million [+]
Current Account -1382.00 -1851.10 159.30 -2535.80 USD Million [+]
Current Account to GDP -6.00 -8.10 1.50 -12.60 percent [+]
Imports 3565.00 4436.30 4436.30 1355.50 USD Million [+]
Exports 686.10 584.60 984.80 265.90 USD Million [+]
Terrorism Index 5.63 5.94 5.94 2.31 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Ethiopia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2879.00 -3852.10 -956.70 -3852.10 2006 - 2019 USD Million Quarterly




Country Last Previous
Argentina 951.00 Jul/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 446.13 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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