European Directorate-General

Commission for Trade

Ethiopia

Main Indicators
Indicator Source IMF (World Economic Outlook) unit 2014 2015 2016 2017 2018
Population Millions of inhabitants 88 90 91 93 94
GDP Billions of euros 42 58 66 72 71
GDP per capita Euros 473 649 725 773 754
Real GDP growth % 10.3 10.4 8.0 10.9 7.5
Inflation rate % 7.4 10.1 7.3 9.9 12.7
Current account balance % of GDP -6.4 -10.2 -9.0 -8.1 -6.2

Trade in goods
Source IMF Source Eurostat
Ethiopia with World EU with Ethiopia

Source Eurostat
EU Merchandise trade with Ethiopia by product (2018) - SITC (UN) & AMA/NAMA (WTO)

Trade in services
Ethiopia with World Source World Trade Organization EU with Ethiopia Source Eurostat

Foreign Direct Investment

EU FDI Flows with Ethiopia Source Eurostat EU FDI Stocks with Ethiopia Source Eurostat

03-06-2019 Units A4 / G2
 Ethiopia Merchandise trade with World
indicator unit 2014 2015 2016 2017 2018 Annual average growth
imports Billions of euros 13.8 18.4 18.2 17.1 15.8 3.5
exports Billions of euros 3.2 4.1 3.6 3.7 3.4 1.3
balance Billions of euros -10.6 -14.3 -14.6 -13.4 -12.4

EU Merchandise trade with Ethiopia

indicator unit 2014 2015 2016 2017 2018 Annual average growth
imports Billions of euros 0.6 0.7 0.6 0.7 0.7 3.3
exports Billions of euros 1.3 1.8 2.1 2.4 2.1 12.6
balance Billions of euros 0.7 1.1 1.5 1.7 1.4

EU Merchandise trade with Ethiopia by product - SITC (UN, WTO/ITS) & AMA/NAMA (WTO) breakdowns
indicator unit 2014 2015 2016 2017 2018 Annual average growth
Agricultural Products (AMA/WTO)
imports Millions of euros 483 502 505 508 471 -0.6
exports Millions of euros 95 206 230 183 188 18.6
balance Millions of euros -388 -296 -275 -326 -282

Non-Agricultural Products (NAMA/WTO)

imports Millions of euros 89 209 71 211 181 19.3
exports Millions of euros 1,182 1,624 1,859 2,202 1,864 12.1
balance Millions of euros 1,093 1,415 1,787 1,991 1,683

Food and raw materials

imports Millions of euros 483 502 505 508 471 -0.6
exports Millions of euros 101 221 240 207 196 18.1
balance Millions of euros -382 -281 -265 -301 -275

Fuels and mining

imports Millions of euros 0 38 0 1 0 3.5
exports Millions of euros 7 10 15 17 17 23.3
balance Millions of euros 7 -28 15 17 17

Chemicals
imports Millions of euros 0 0 1 1 2 119.9
exports Millions of euros 277 351 337 343 322 3.8
balance Millions of euros 277 351 337 342 320

Machinery and transport equipment

imports Millions of euros 19 101 7 147 119 57.6
exports Millions of euros 675 953 1,149 1,554 1,293 17.7
balance Millions of euros 655 852 1,142 1,408 1,174

Textiles and clothing

imports Millions of euros 46 44 43 45 42 -2.4
exports Millions of euros 4 6 7 9 13 39.3
balance Millions of euros -42 -38 -36 -36 -28

Others
imports Millions of euros 24 26 20 18 19 -6.1
exports Millions of euros 214 289 340 254 213 -0.2
balance Millions of euros 190 263 320 236 194

Ethiopia Trade in services with World

indicator unit 2014 2015 2016 2017 2018 Annual average growth
imports Billions of euros 3.3 4.4 4.7 4.4 5.7 14.8
exports Billions of euros 2.2 2.8 2.8 3.2 4.2 16.8
balance Billions of euros -1.1 -1.6 -1.9 -1.2 -1.6

EU Trade in services with Ethiopia

indicator unit 2014 2015 2016 2017 2018 Annual average growth
imports Billions of euros 0.4 0.4 0.3 0.4
exports Billions of euros 0.4 0.6 0.5 0.6
balance Billions of euros 0.0 0.2 0.2 0.2

EU Foreign direct investment with Ethiopia

indicator unit 2014 2015 2016 2017 2018 Annual average growth
stocks: inward Billions of euros 0.1 0.1 0.2 0.2 10.9
stocks: outward Billions of euros 0.4 0.5 0.8 0.4 -3.0
stocks: balance Billions of euros 0.3 0.3 0.6 0.2
flows: in Billions of euros 0.1 0.0 0.0 0.0 -26.4
flows: out Billions of euros -0.0 0.2 0.6 -0.2
flows: balance Billions of euros -0.1 0.2 0.5 -0.3