Net trade in goods and services in Ethiopia
Ethiopia: Net trade in goods and services was -11.95 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Ethiopia is -11.95 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 1.1% on the previous year and down 1.1% over ten years.
Over the whole period, net trade in goods and services in Ethiopia peaked at -139.23 million BoP, current US$ in 1977 and was at its lowest, -14.09 billion BoP, current US$, in 2016.
Ethiopia ranks 181st of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -174.20 million BoP, current US$ | -201.93 million BoP, current US$ | -139.23 million BoP, current US$ | 3 |
| 1980s | -444.73 million BoP, current US$ | -614.40 million BoP, current US$ | -313.14 million BoP, current US$ | 10 |
| 1990s | -644.43 million BoP, current US$ | -923.52 million BoP, current US$ | -319.27 million BoP, current US$ | 10 |
| 2000s | -2.82 billion BoP, current US$ | -6.10 billion BoP, current US$ | -628.71 million BoP, current US$ | 10 |
| 2010s | -10.38 billion BoP, current US$ | -14.09 billion BoP, current US$ | -5.27 billion BoP, current US$ | 10 |
| 2020s | -11.61 billion BoP, current US$ | -13.22 billion BoP, current US$ | -9.46 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 178 Mexico -10.66 billion BoP, current US$ compare
- 179 Nepal -10.96 billion BoP, current US$ compare
- 180 Lebanon -11.54 billion BoP, current US$ compare
- 182 Belgium -13.81 billion BoP, current US$ compare
- 183 Greece -13.93 billion BoP, current US$ compare
- 184 Colombia -14.87 billion BoP, current US$ compare
More economy & growth data for Ethiopia
- External balance on goods and services as a percent of GDP -6.9% (2025)
- Inflation of consumer prices 13.2% (2025)
- GDP per capita 945.36 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2025)
- Gross domestic product (GDP) 128.07 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 945.36 constant 2015 US$ (2025)
- DEC alternative conversion factor 119.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.06 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 8.86 billion current US$ (2025)
- Taxes less subsidies on products 575.80 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods and services in Ethiopia?
- Net trade in goods and services in Ethiopia was -11.95 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Ethiopia?
- The highest recorded value was -139.23 million BoP, current US$ in 1977.
- What is the lowest net trade in goods and services recorded in Ethiopia?
- The lowest recorded value was -14.09 billion BoP, current US$ in 2016.
- How does Ethiopia rank for net trade in goods and services?
- Ethiopia ranks 181st out of 198 countries with data for 2024.
- Is net trade in goods and services rising or falling in Ethiopia?
- Over the last ten years it is down 1.1%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.