1945

In 2013, the value of merchandise exports of Ethiopia increased substantially by 41.0 percent to reach 4.1 bln US$, while its merchandise imports increased substantially by 25.1 percent to reach 14.9 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 10.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -3.1 bln US$ (see graph 4). Merchandise exports in Ethiopia were diversified amongst partners; imports were also diversified. The top 15 partners accounted for 80 percent or more of exports and 12 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Ethiopia increased substantially by 19.6 percent, reaching 3.3 bln US$, while its imports of services increased substantially by 22.7 percent and reached 4.3 bln US$ (see graph 2). There was a moderate trade in services deficit of 1.1 bln US$.

Related Subject(s): International Trade and Finance
Countries: Ethiopia
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