Who is Ethiopia’s largest trading partner?

What is Ethiopia biggest export?

Ethiopia main exports are gold (21 percent of total exports) and coffee (19 percent). Others include: live animals, oilseeds, flowers and khat. Ethiopia main export partner is Switzerland (21 percent of total exports) mainly for export of gold.

Who does Ethiopia import from?

Ethiopia main imports are: foodstuffs, textile, machinery and fuel. Ethiopia main trading partners are: China (18 percent of total imports), Saudi Arabia (13 percent), United States (9 percent), Russia and India.

Does US trade with Ethiopia?

U.S.-Ethiopia Trade Facts

Ethiopia is currently our 84th largest goods trading partner with $1.6 billion in total (two way) goods trade during 2019. Goods exports totaled $1.0 billion; goods imports totaled $572 million. The U.S. goods trade surplus with Ethiopia was $442 million in 2019.

Who is the top trading partner?

In other parts of the world the European Union or the United States is the largest trading partner, however other leading trading countries may be the most prominent in certain countries. Brazil, Russia and South Africa are becoming increasingly dominant in their respective regional areas.

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Who are Ethiopia’s trading partners?

Top 15

  • China: US$288.2 million (10.1% of total Ethiopian exports)
  • Somalia: $243.6 million (8.5%)
  • United States: $227.3 million (7.9%)
  • Saudi Arabia: $206.2 million (7.2%)
  • Germany: $195.1 million (6.8%)
  • Netherlands: $188.9 million (6.6%)
  • United Arab Emirates: $127.6 million (4.5%)
  • Switzerland: $111.6 million (3.9%)

How much is Ethiopia in debt?

Ethiopia external debt for 2019 was $28,287,820,759, a 1.78% increase from 2018.

Ethiopia External Debt 1970-2021.

Ethiopia External Debt – Historical Data
Year Current US $ Annual % Change
2019 $28,287,820,759 1.78%
2018 $27,793,379,640 5.95%
2017 $26,233,362,395 11.76%

What products are in high demand in Ethiopia?

Top 10

  • Machinery including computers: US$1.8 billion (13% of total imports)
  • Mineral fuels including oil: $1.7 billion (12.2%)
  • Electrical machinery, equipment: $1.1 billion (7.7%)
  • Vehicles: $1 billion (7.3%)
  • Animal/vegetable fats, oils, waxes: $898.9 million (6.4%)
  • Cereals: $863.7 million (6.1%)

How many exporters are there in Ethiopia?

Overview In 2019 Ethiopia was the number 62 economy in the world in terms of GDP (current US$), the number 132 in total exports, the number 110 in total imports, the number 168 economy in terms of GDP per capita (current US$) and the number 108 most complex economy according to the Economic Complexity Index (ECI).

What does China import from Ethiopia?

Ethiopia is now China’s largest external source of sesame seeds, accounting for 51.2% of Chinese imports of this good. Leather is the second most important export commodity to China after sesame. Traditionally, Italy was the largest market for Ethiopian leather.

Who are Ethiopia’s allies?

The Ethiopian government’s relations with the U.S. and the West in general have been centered on military and economic cooperation. In addition, Ethiopia maintains diplomatic links with China, Israel, Mexico and India, among other countries.

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How many Ethiopians are American?

By far, the largest concentration of Ethiopians in the United States are found in Washington, D.C. and the local metro area. Some conservative estimates put the number at around 75,000 residents, while other figures go up to 250,000.

Why is Ethiopia important to the US?

Ethiopia is a strategic partner of the United States in the Global War on Terrorism. … U.S. development assistance to Ethiopia is focused on reducing poverty and supporting economic development emphasizes economic, governance, and social sector policy reforms.

Who is China’s biggest trade partner?

Mainland China’s 100 major trade partners account for $2.551 trillion or 98.5% of all exported goods consumed by trade partners that import from the People’s Republic.

Searchable Datalist of Countries Consuming China’s Exports.

Rank 1.
Importer United States
Exports from China (US$) $452,576,771,000
2019-20 +8.1%

Who is Vietnam largest trading partner?

Vietnam top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 61,404 23.21
China 41,434 15.66
Japan 20,427 7.72
Korea, Rep. 19,729 7.46

Who is Japan biggest trading partner?

Japan top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 140,430 19.90
China 134,681 19.09
Korea, Rep. 46,269 6.56
Other Asia, nes 43,001 6.09