Net trade in goods in Ethiopia
Ethiopia: Net trade in goods was -14.05 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Ethiopia stood at -14.05 billion BoP, current US$. That is the lowest value across all 48 years on record.
That represents a change of down 18.6% on the previous year and down 35.8% over ten years.
Over the whole period, net trade in goods in Ethiopia peaked at -83.67 million BoP, current US$ in 1977 and was at its lowest, -14.05 billion BoP, current US$, in 2024.
That places Ethiopia 176th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -102.16 million BoP, current US$ | -130.29 million BoP, current US$ | -83.67 million BoP, current US$ | 3 |
| 1980s | -394.79 million BoP, current US$ | -577.44 million BoP, current US$ | -230.29 million BoP, current US$ | 10 |
| 1990s | -619.47 million BoP, current US$ | -919.81 million BoP, current US$ | -303.19 million BoP, current US$ | 10 |
| 2000s | -2.64 billion BoP, current US$ | -5.49 billion BoP, current US$ | -645.32 million BoP, current US$ | 10 |
| 2010s | -9.21 billion BoP, current US$ | -12.06 billion BoP, current US$ | -4.89 billion BoP, current US$ | 10 |
| 2020s | -11.52 billion BoP, current US$ | -14.05 billion BoP, current US$ | -8.51 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 173 Lebanon -12.84 billion BoP, current US$ compare
- 174 Macao -13.14 billion BoP, current US$ compare
- 175 Dominican Republic -13.84 billion BoP, current US$ compare
- 177 Colombia -14.83 billion BoP, current US$ compare
- 178 Poland -15.27 billion BoP, current US$ compare
- 179 Uzbekistan -15.52 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 in Ethiopia?
- Net trade in goods in Ethiopia was -14.05 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 recorded in Ethiopia?
- The highest recorded value was -83.67 million BoP, current US$ in 1977.
- What is the lowest net trade in goods recorded in Ethiopia?
- The lowest recorded value was -14.05 billion BoP, current US$ in 2024.
- How does Ethiopia rank for net trade in goods?
- Ethiopia ranks 176th out of 198 countries with data for 2024.
- Is net trade in goods rising or falling in Ethiopia?
- Over the last ten years it is down 35.8%. 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 (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 is the difference between the exports and imports of goods. 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.