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Ethiopia Exports

Ethiopia's exports hit an all-time high of $1.27 billion in Q2 2024. This represents a 36.7% increase from Q1 2024's $927.2 million. The growth was driven by high international prices for coffee and gold, a July 2024 currency devaluation and macroeconomic reforms. Ethiopia's record low exports was $564.2 million on Q4 2019 and record high was $1.27 billion on Q2 2024.

Quarterly Historical Data (2014-2024)

(in Billion USD)
Quarter Exports (Billion USD)
Q2 2024 1.3
Q1 2024 0.9
Q4 2023 0.8
Q3 2023 0.8
Q2 2023 1
Q1 2023 0.9
Q4 2022 0.8
Q3 2022 1
Q2 2022 1.2
Q1 2022 1.1
Q4 2021 0.9
Q3 2021 1
Q2 2021 1.2
Q1 2021 0.9
Q4 2020 0.7
Q3 2020 0.8
Q2 2020 0.9
Q1 2020 0.8
Q4 2019 0.6
Q3 2019 0.7
Q2 2019 0.8
Q1 2019 0.7
Q4 2018 0.6
Q3 2018 0.6
Q2 2018 0.7
Q1 2018 0.7
Q4 2017 0.7
Q3 2017 0.7
Q2 2017 0.9
Q1 2017 0.8
Q4 2016 0.6
Q3 2016 0.7
Q2 2016 0.8
Q1 2016 0.8
Q4 2015 0.6
Q3 2015 0.7
Q2 2015 0.8
Q1 2015 0.8
Q4 2014 0.7
Q3 2014 0.7
Ethiopia Exports : Definition
Ethiopia exports represents the total value, in USD, of goods and services produced within Ethiopia and sold to other countries. It is calculated by summing the market value of all items sold internationally with major categories including coffee, oilseeds, flowers and gold.
Indicator Last Value Prior Value Period
Annual Exports $2.86B $3.09B 2023
Annual Imports $17.05B $16.54B 2023
Balance of Trade -$3.8B -$3.4B Jun'24
Exports (% GDP) 5.55% 6.6% 2024
FDI Inflows (% GDP) 2.89% 3.83% 2022
Imports $5.1B $4.4B Jun'24
Imports (% GDP) 11.76% 14% 2024
Net Trade (Goods & Services, BoP) -$12.09B -$13.22B 2023
Tariff Rate 18.49% 17.83% 2021
Trade (% GDP) 17.31% 20.6% 2024