Ethiopia is a landlocked country located in the Horn of Africa, sharing borders with Eritrea, Djibouti, Somalia, Kenya, South Sudan, and Sudan. Its capital city, Addis Ababa, serves as the political and commercial hub of the nation. Ethiopia's GDP in 2024 is projected to reach USD 118.4 billion, highlighting its significant role in East Africa’s economic growth. According to global export data, Ethiopia ranks as the 127th-largest exporter in the world. As per the Ethiopia export data, the United States stands as the top importer of Ethiopian goods. Ethiopia’s total export value in 2024 is estimated at USD 4.89 billion, reflecting a rise in agricultural and textile exports. The most exported product by Ethiopia is coffee, which remains the backbone of its foreign exchange earnings.
As per Ethiopia trade data, Ethiopia, a landlocked country, has strategically improved its commerce and logistical routes by using the port of neighboring Djibouti. Thanks to specific reforms and government incentives, export-oriented industries, including agribusiness, leather products, and clothing, are expanding steadily. Ethiopia keeps up its strong position in the conventional coffee market while expanding its export base.