Import of Goods Value from Ethiopia (1990-2023)

Import of Goods Value from Ethiopia (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Ethiopia (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Ethiopia
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Ethiopia’s import value expanded from $1.08B in 1990 to $17.8B in 2023, reflecting its transformation from an agrarian economy to one focusing on infrastructure and industrialization. Key growth occurred between 2005 and 2008, with imports surging from $4.1B to $8.2B, driven by large-scale infrastructure projects and rising consumer demand.

After a dip in 2020 due to the pandemic, imports recovered to $18.6B in 2022, supported by investments in transportation and energy sectors. Ethiopia’s import trends highlight its development focus, despite economic challenges such as foreign exchange shortages and inflation.

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