Ethiopia Export Data

Ethiopia Export Data

Ethiopia has been steadily climbing the ranks as one of the top exporting countries in recent years. In 2022, it is expected to maintain its position as a major player in the global market. According to data from the World Trade Organization, Ethiopia's export rank was at 118th place in 2019, but it is estimated to jump up to around 113th place by 2022.

The Gross Domestic Product (GDP) of a country is one of the essential indicators of economic health and growth potential. In recent years, Ethiopia has seen remarkable growth in its GDP figures and this trend is expected to continue into 2022. In 2019, Ethiopia's GDP was recorded at $96 billion, making it one of the fastest-growing economies in Africa.

By 2022, experts project that Ethiopia's GDP will reach $112 billion – an increase of over $16 billion from its current figures. This significant growth can be attributed to various factors such as investments in infrastructure development projects like roads and railways which facilitate trade activities within and outside the country.

Ethiopia as one of Africa's most populous countries with over 115 million people currently living within its borders, it is estimated that by 2022 this number will exceed over120 million people.

The top products exported by Ethiopia are agricultural commodities, which make up for more than three-quarters of its total exports. Coffee remains the country's most valuable export commodity, followed by oilseeds such as sesame seeds and pulses like chickpeas and beans. Other important exports include gold, leather products, textiles, and horticultural products such as flowers and vegetables. The country is also expanding its manufacturing sector with a focus on producing value-added goods for export markets.

In addition to these traditional exports, there has been a significant increase in non-traditional exports in recent years. This includes items such as electronics, minerals, and processed foods. As Ethiopia continues to invest in modernizing its industries and improving production capabilities, these non-traditional exports are expected to grow even further.

China is currently Ethiopia's biggest trading partner with an estimated $3 billion worth of imports from China annually. Other top trading partners include Germany, India, Saudi Arabia, Italy, Turkey,and the United States.

Ethiopia Export Customs Trade Data Shows Top 10 Exporting Products In 2022 – Analysis By Chapter

  • 49% (1.52 billion US dollar) HS CODE : 09 - Spices, coffee, tea, and matt
  • 17.1% (529 million US dollar) HS CODE: 07 - Vegetables, roots, and tubers that are edible
  • 9.22% (284 million US dollar) HS CODE: 12 - Miscellaneous grains, seeds, and fruits; industrial or medicinal plants; straw and fodder; oil seeds and oleaginous fruits
  • 8.27% (255 million US dollar) HS CODE: 06 - Cut flowers and ornamental foliage; live trees and other plants; bulbs, roots, etc.
  • 2.94% (90 million US dollar) HS CODE: 02 - Offal and meat that can be eaten
  • 2.44% (75 million US dollar) HS CODE: 61 - Knitted or crocheted apparel and accessories
  • 1.61% (49 million US dollar) HS CODE: 62 - Apparel and clothing accessories that are not knitted or crocheted
  • 0.879% (27 million US dollar) HS CODE: 01 - Live animals
  • 0.788% (24 million US dollar) HS CODE: 41 - Animal hides and skins (other than fur skins) and leather
  • 0.582% (17.9 million US dollar) HS CODE : 70 - The glass and glassware industry

Ethiopia Export Global Trade Data Shows Top 10
Trading Partners
of Ethiopia

  • China with a share of 8.94% (138 million US$)
  • With a share of 10.8% (334 million US dollar), USA dominates
  • With a share of 8.68% (268 million US dollar), Saudi Arabia dominates
  • With a share of 8.58% (264 million US dollar), Somalia dominates
  • With a share of 8.36% (257 million US dollar), Germany dominates
  • With a share of 7.03% (217 million US dollar), Netherlands dominates
  • With a share of 6.66% (205 million US dollar), UAE dominates
  • With a share of 4.47% (138 million US dollar), Belgium dominates
  • With a share of 4.31% (133 million US dollar), Japan dominates
  • With a share of 4.21% (129 million US dollar), China dominates
  • With a share of 3.88% (119 million US dollar), Korea dominates

Ethiopia Export Data Sample

HOW IMPORT GLOBALS ETHIOPIA EXPORT DATA CAN HELP YOUR BUSINESS TO GROW WORLDWIDE

For businesses looking to tap into this growing market, having access to accurate and up-to-date export data is crucial. This is where Importer Globals comes in – providing comprehensive export data for Ethiopia that is collected directly from custom shipping bill documents.

Custom shipping bills are official documents issued by customs authorities when goods are exported from one country to another. They contain all the necessary information about the shipment, including details about the exporters and importers company name, company address, HS codes (Harmonized System codes), product descriptions, destination country, origin country, product values, quantity, weight etc.

At Importer Globals, we understand that reliable data is essential for making informed business decisions. Therefore, our team works tirelessly to collect export data directly from these shipping bills. This ensures that our data is accurate and reflects real-time trade activities within Ethiopia.

One of the most critical pieces of information included in Ethiopia export data is the name of companies involved in the trade – both importers and exporters. Knowing who your potential business partners are can give you valuable insights into their reputation and credibility. It also allows you to identify potential competitors or potential customers for your products.

Import Globals Ethiopia Export Shipment Data is a valuable resource for all types of companies, including trade associations, logistics firms, NGOs, research companies, traders, manufacturers, buyers, and suppliers. The information provided by this data is crucial for making informed business decisions and staying competitive in the market. It provides accurate and up-to-date information that enables businesses to make well-informed decisions, stay ahead of the competition, and thrive in the global market.

Import Globals comes in with its comprehensive Ethiopia Export Data. By providing real-time, reliable, and customized information on Ethiopia's export market, Import Globals helps businesses minimize the time spent on researching potential markets and clients. With this valuable data at your fingertips, you can quickly identify new prospects and make informed business decisions that will give you an edge over your competitors.

Using Ethiopia Export Data from Import Globals can significantly increase your reach to direct clients by giving you access to crucial information about the country's export market. The database contains detailed information on products exported from Ethiopia, along with their corresponding values and quantities. It also includes shipping details such as the name of the exporter/importer, port of origin/destination, mode of transportation (air or sea), etc.

With this extensive dataset at hand, businesses can easily analyze product trends and patterns in Ethiopia's export industry. This information can help them identify high-demand products that have a significant potential for growth in the country. By understanding what products are currently being imported into Ethiopia and their volume, companies can tailor their marketing strategies accordingly to attract more direct clients.

Import Global's customizable approach allows businesses to filter data according to specific parameters such as product category or importer/exporter name. This level of customization makes it easier for companies to narrow down their search for potential clients based on their niche products or target audience.

Using Import Global's Ethiopia Export Data not only minimizes the time spent on prospecting and market research, but it also provides businesses with a competitive advantage. By having access to accurate and reliable data, companies can make strategic decisions that will help them expand their reach to direct clients in Ethiopia and tap into its growing export market. Don't miss out on this opportunity to streamline your business operations and gain a significant edge in the global trade industry by utilizing Import Global's comprehensive Ethiopia Export Data.

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