Ethiopia recorded a trade deficit of 2868.70 USD Million in the first quarter of 2020.
Balance of Trade in Ethiopia averaged -2375.99 USD Million from 2006 until 2020, 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 October of 2020.
Balance of Trade in Ethiopia is expected to be -2580.00 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 -3030.00 in 12 months time. In the long-term, the Ethiopia Balance of Trade is projected to trend around -2950.00 USD Million in 2021 and -3050.00 USD Million in 2022, according to our econometric models.