AGOA Status
Ethiopia is not eligible for AGOA this year.
Trade Agreements
The U.S. and the Common Market for Eastern and Southern Africa (COMESA), which includes Ethiopia, signed a Trade and Investment Framework Agreement (TIFA) in 2001.
Ethiopia Trade Summary
U.S. goods and services trade with Ethiopia totaled an estimated $4.3 billion in 2024, up 28.4 percent ($940.2 million) from 2023.
U.S. total goods trade (exports plus imports) with Ethiopia was an estimated $1.5 billion in 2024. U.S. goods exports to Ethiopia in 2024 were $1.0 billion, down 16.6 percent ($203.0 million) from 2023. U.S. goods imports from Ethiopia in 2024 totaled $465.5 million, down 5.1 percent ($24.8 million) from 2023. The U.S. goods trade surplus with Ethiopia was $551.1 million in 2024, a 24.4 percent decrease ($178.2 million) over 2023.
U.S. total services trade (exports plus imports) with Ethiopia totaled an estimated $2.8 billion in 2024. U.S. services exports to Ethiopia in 2024 were $855 million, up 9.6 percent ($75 million) from 2023. U.S. services imports from Ethiopia in 2024 were $1.9 billion, up 133.1 percent (1.1 billion) from 2023. The U.S. services trade deficit with Ethiopia was $1.1 billion in 2024, a 2482.9 percent increase ($1.0 billion) over 2023.
