Flag of et

Ethiopia Imports (% GDP)

Ethiopia's imports (% GDP) fell to 11.76% in 2024, down from 14% in 2023, according to World Bank. This represents a decrease of 2.24% from the previous year. Ethiopia has the 2nd lowest imports (% GDP). Other bottom countries are Sudan, Turkmenistan, Argentina and United States.

Ethiopia's exports (% GDP) fell to 5.55% in 2024, down from 6.6% in 2023.

Yearly Historical Data (2011-2024)

(in %)
Year Imports (% GDP)
2024 11.76%
2023 14%
2022 18.35%
2021 16.71%
2020 16.88%
2019 20.88%
2018 22.83%
2017 23.47%
2016 27.09%
2015 30.29%
2014 29.1%
2013 28.99%
2012 31.63%
2011 31.55%
Ethiopia Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Ethiopia compared to its total economic output.
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 $1.3B $927M Jun'24
Exports (% GDP) 5.55% 6.6% 2024
FDI Inflows (% GDP) 2.89% 3.83% 2022
Imports $5.1B $4.4B Jun'24
Net Trade (Goods & Services, BoP) -$12.09B -$13.22B 2023
Tariff Rate 18.49% 17.83% 2021
Trade (% GDP) 17.31% 20.6% 2024