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Ethiopia
U.S.-Ethiopia Trade Facts
Ethiopia is currently the United States' 121st largest goods trading partner with $454 million in total (two way) goods trade during 2008. Goods exports totaled $302 million; Goods imports totaled $152 million.
Ethiopia is eligible for trade benefits under the African Growth and Opportunity Act (AGOA). In 2008 U.S. imports from Ethiopia under AGOA and the Generalized System of Preferences were valued at over $18.1 million, up from $8.97million in 2007. Most of this consisted of apparel, live plants, edible vegetables and tubers, and fruits and nuts.
Exports
Ethiopia was the United States' 111th largest goods export market in 2008.
U.S. goods exports to Ethiopia in 2008 were $302 million, up 80.1% ($134 million) from 2007.
The top export categories (2-digit HS) in 2008 were: Cereals (wheat and grain) ($113 million), Aircraft ($73 million), Vegetables (peas) ($24 million), Special Other (low value shipments and articles donated for relief) ($23 million), and Fats and Oils ($19 million).
U.S. agricultural exports to Ethiopia in 2008 were $169 million. Leading categories include: wheat ($89 million), pulses ($24 million), and coarse grains ($24 million).
Imports
Ethiopia was the United States' 117th largest supplier of goods imports in 2008.
U.S. goods imports from Ethiopia totaled $152 million in 2008, a 72.5% increase ($64 million) from 2007.
The five largest import categories in 2008 were: Spices, Coffee and Tea (coffee) ($77 million), Miscellaneous Grain, Seed, and Fruit (niger seeds) ($34 million), Special Other (returns) ($21 million), Knit Apparel ($7 million), and Preserved Food ($4 million).
U.S. imports of agricultural products from Ethiopia totaled $121 million in 2008. Leading category include: coffee (unroasted) ($76 million).
Trade Capacity Building (TCB) Assistance
In 2008, Ethiopia received over $6.3 million in TCB assistance from the United States. The largest portion of this funding was administered by USAID and focused on trade-related agriculture, export promotion, and tourism development programs.
Investment
U.S. foreign direct investment (FDI) in Ethiopia (stock) was $2 million in 2007 (latest data available), the same as 2006.
