Ethiopia import

Ethiopia Import Data

Ethiopia is a nation in eastern Africa, sometimes referred to as the Federal Democratic Republic of Ethiopia. Its boundaries are shared by several nations, including Sudan, Kenya, Somalia, Djibouti, and Eritrea. Its economy is among the fastest in the world. According to Ethiopian import data statistics, the country ranked 95th out of 226 in terms of total imports worldwide in 2022. In 2022, Ethiopia imported goods worth a total of $16.54 billion according to Ethiopia's import data. 8.19% more goods were imported into Ethiopia in 2022 than in 2021. In 2022, imports of goods increased by $1.25 billion. As Ethiopia stands on the cusp of a major transformation, its import data plays a crucial role in shaping the nation's economic landscape. Ethiopia's import data acts as more than just mere statistics; it is a vital tool for unlocking economic growth and prosperity. Let us now delve into and explore the significance of Ethiopian import data in driving economic growth, delve into the import trends of Ethiopia's import data in 2022, and shed light on the potential it holds for businesses and policymakers alike.

 Ethiopia Import Data | Ethiopia Customs Data

95

The country has been ranked 95th in global imports, showing a significant position in the international trade landscape and import market.

0.08%

With a mere 0.08% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

PALM OIL

Palm oil is the biggest import commodity of the country, playing a vital role in its economy.

import

Top 10 Imports of Ethiopia

Ethiopia's top 10 imports consist of a diverse range of goods that play a crucial role in supporting the country's economic growth and development. Primarily, these imports include refined petroleum, which is essential to fuel Ethiopia's transportation and industrial sectors. The top 10 imports of Ethiopia in 2022, according to its import data are:

  • Palm oil and its fractions: 5.4% ($894 million)
  • Petroleum oils and waste oils: 5.38% ($891 million)
  • Wheat and meslin: 5.23% ($865 million)
  • Mineral or chemical fertilizers: 4.67% ($773 million)
  • Motor cars and other motor vehicles: 4.45% ($736 million)
  • Cane or beet sugar and chemically pure sucrose: 3.49% ($577 million)
  • Mineral or chemical fertilizers, nitrogenous: 3.15% ($522 million)
  • Sunflower-seed, safflower, or cotton-seed oil and fractions thereof: 2.77% ($459 million)
  • Motor vehicles for the transport of goods: 2.75% ($456 million)
  • Rice: 2.74% ($453 million)
  • Partners

    Top 10 Import Partners of Ethiopia

    Ethiopia's top 10 trading partners are led by China, representing a crucial source of machinery and electronics. Overall, these imports and partnerships contribute to Ethiopia's economic growth and development, playing a vital role in meeting the needs of its people and supporting various sectors within the country. The top 10 Import Partners of Ethiopia in 2022 include:

    Value In Percentage(%)

  • China: 29% (4.96 billion US$)
  • India: 14.3% (2.36 billion US$)
  • USA: 6.66% (1.1 billion US$)
  • Turkey: 4.5% (744 million US$)
  • Morocco: 4.22% (697 million US$)
  • Egypt: 3.45% (570 million US$)
  • United Arab Emirates: 3.41% (564 million US$)
  • Saudi Arabia: 3.17% (524 million US$)
  • Malaysia: 3.06% (506 million US$)
  • Japan: 2.23% (369 million US$)
  • Sample Data

    Unveiling Ethiopia's Import Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide.  For Ethiopia, import data showcases the nation's demand for goods and services from foreign markets, highlighting the sectors that contribute significantly to the country's growth. Acquiring Ethiopia's import data in 2022 reveals the key sectors driving the country's imports. From machinery and equipment to fuel and lubricants, these sectors manifest Ethiopia's growing infrastructure development and energy needs. According to Ethiopia's customs data for imports, Ethiopia imported goods worth a total of $16.5 billion in 2022. We are providing you with extremely informative and useful Ethiopian import data that is taken from Ethiopia's Customs authority. Our data is derived from recently updated shipping bills, invoices, and other crucial trading documents. We obtain trustworthy data from Ethiopian ports, organizations, and other shipping firms. Ethiopia's custom import data contains several fields, including year, month, HS codes, importer name, product description, price, and quantity, among many other crucial details.

    Benefits

    Benefits of Ethiopia’s Import Data

  • Expand your firm into the Ethiopian Market.
  • View Ethiopia's most recent product demand.
  • Track and Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Ethiopia.
  • Create more ROI and futuristic business goals.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    According to recent data, Ethiopia's imports have seen a significant rise in 2022 compared to previous years with a total import value of $16.5 billion.

    Ethiopia mainly imports palm oil, machinery and equipment, chemicals, vehicles, and petroleum products.

    The top import partners of Ethiopia are China, India, and Saudi Arabia.

    The Ethiopian government has implemented policies such as tariff reduction and tax incentives to support the import sector and encourage foreign investment.

    Some challenges faced by Ethiopia's import sector include high transportation costs, inadequate infrastructure, and bureaucratic procedures.

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