Goods exports in Ethiopia
Ethiopia: Goods exports was 5.58 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
5.58 billion BoP, current US$
Change on year
up 60.9%
World rank
116th
of 200 countries
All-time high
5.58 billion BoP, current US$
in 2024
All-time low
167.63 million BoP, current US$
in 1991
Years of data
48
1977–2024
Goods exports in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Ethiopia recorded 5.58 billion BoP, current US$ for goods exports in 2024. That is the highest value across all 48 years on record.
The figure is up 60.9% on the previous year and up 63.3% over ten years.
Over the whole period, goods exports in Ethiopia peaked at 5.58 billion BoP, current US$ in 2024 and was at its lowest, 167.63 million BoP, current US$, in 1991.
That places Ethiopia 116th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 333.29 million BoP, current US$ | — |
| 1978 | 306.18 million BoP, current US$ | -8.1% |
| 1979 | 430.34 million BoP, current US$ | +40.5% |
| 1980 | 419.32 million BoP, current US$ | -2.6% |
| 1981 | 374.11 million BoP, current US$ | -10.8% |
| 1982 | 402.80 million BoP, current US$ | +7.7% |
| 1983 | 402.61 million BoP, current US$ | -0.0% |
| 1984 | 416.81 million BoP, current US$ | +3.5% |
| 1985 | 332.85 million BoP, current US$ | -20.1% |
| 1986 | 477.15 million BoP, current US$ | +43.4% |
| 1987 | 355.22 million BoP, current US$ | -25.6% |
| 1988 | 400.00 million BoP, current US$ | +12.6% |
| 1989 | 443.82 million BoP, current US$ | +11.0% |
| 1990 | 291.98 million BoP, current US$ | -34.2% |
| 1991 | 167.63 million BoP, current US$ | -42.6% |
| 1992 | 169.88 million BoP, current US$ | +1.3% |
| 1993 | 198.84 million BoP, current US$ | +17.0% |
| 1994 | 371.97 million BoP, current US$ | +87.1% |
| 1995 | 423.02 million BoP, current US$ | +13.7% |
| 1996 | 417.48 million BoP, current US$ | -1.3% |
| 1997 | 588.27 million BoP, current US$ | +40.9% |
| 1998 | 560.35 million BoP, current US$ | -4.7% |
| 1999 | 467.35 million BoP, current US$ | -16.6% |
| 2000 | 486.06 million BoP, current US$ | +4.0% |
| 2001 | 508.32 million BoP, current US$ | +4.6% |
| 2002 | 550.94 million BoP, current US$ | +8.4% |
| 2003 | 496.39 million BoP, current US$ | -9.9% |
| 2004 | 678.30 million BoP, current US$ | +36.6% |
| 2005 | 917.35 million BoP, current US$ | +35.2% |
| 2006 | 1.06 billion BoP, current US$ | +15.1% |
| 2007 | 1.35 billion BoP, current US$ | +28.0% |
| 2008 | 1.72 billion BoP, current US$ | +27.2% |
| 2009 | 1.69 billion BoP, current US$ | -1.4% |
| 2010 | 2.48 billion BoP, current US$ | +46.3% |
| 2011 | 3.03 billion BoP, current US$ | +22.2% |
| 2012 | 3.26 billion BoP, current US$ | +7.5% |
| 2013 | 3.01 billion BoP, current US$ | -7.5% |
| 2014 | 3.42 billion BoP, current US$ | +13.4% |
| 2015 | 2.92 billion BoP, current US$ | -14.6% |
| 2016 | 2.81 billion BoP, current US$ | -3.7% |
| 2017 | 3.03 billion BoP, current US$ | +7.8% |
| 2018 | 2.71 billion BoP, current US$ | -10.7% |
| 2019 | 2.75 billion BoP, current US$ | +1.5% |
| 2020 | 3.25 billion BoP, current US$ | +18.5% |
| 2021 | 3.93 billion BoP, current US$ | +20.8% |
| 2022 | 3.97 billion BoP, current US$ | +1.0% |
| 2023 | 3.47 billion BoP, current US$ | -12.6% |
| 2024 | 5.58 billion BoP, current US$ | +60.9% |
Ethiopia compared with similar countries
- Ethiopia's 5.58 billion BoP, current US$ is above the median for low income countries, which is 1.55 billion BoP, current US$, 3.6× the median. (23 countries reporting)
- Ethiopia's 5.58 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.05 billion BoP, current US$, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 356.60 million BoP, current US$ | 306.18 million BoP, current US$ | 430.34 million BoP, current US$ | 3 |
| 1980s | 402.47 million BoP, current US$ | 332.85 million BoP, current US$ | 477.15 million BoP, current US$ | 10 |
| 1990s | 365.68 million BoP, current US$ | 167.63 million BoP, current US$ | 588.27 million BoP, current US$ | 10 |
| 2000s | 945.70 million BoP, current US$ | 486.06 million BoP, current US$ | 1.72 billion BoP, current US$ | 10 |
| 2010s | 2.94 billion BoP, current US$ | 2.48 billion BoP, current US$ | 3.42 billion BoP, current US$ | 10 |
| 2020s | 4.04 billion BoP, current US$ | 3.25 billion BoP, current US$ | 5.58 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 113 Nicaragua 6.84 billion BoP, current US$ compare
- 114 Cameroon 6.79 billion BoP, current US$ compare
- 115 Burkina Faso 6.12 billion BoP, current US$ compare
- 117 El Salvador 5.55 billion BoP, current US$ compare
- 118 Senegal 5.52 billion BoP, current US$ compare
- 119 Mali 5.48 billion BoP, current US$ compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is goods exports in Ethiopia?
- Goods exports in Ethiopia was 5.58 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Ethiopia?
- The highest recorded value was 5.58 billion BoP, current US$ in 2024.
- What is the lowest goods exports recorded in Ethiopia?
- The lowest recorded value was 167.63 million BoP, current US$ in 1991.
- How does Ethiopia rank for goods exports?
- Ethiopia ranks 116th out of 200 countries with data for 2024.
- Is goods exports rising or falling in Ethiopia?
- Over the last ten years it is up 63.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.