International Trade in Ethiopia

International Trade in Ethiopia

After five years of strong growth (11.5% average), the Ethiopian economy slowed down slightly because of the crisis and the drought, the GDP growing at 10% in 2010. The main growth vectors remain agricultural production and services, sustained by exports and the continuous influx of... Read more

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Market Analyses About Ethiopia (54)

Import and Export Services in Ethiopia (115)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Ethiopia

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • Fikadu Asfaw and Associates Law Office (FALO)
    Some of our core legal practice areas include Corporate and Business Organization, Intellectual Property, Immigration, Tax, Merger and...

Business Tips About Ethiopia (166)

Agents and Distributors in Ethiopia (7)

  • Zamnet

    Adil Maru, Zamnet

    Sales Agents, Ethiopia

    selling mobile value added service
  • Ravax Trading PLC.

    Ravax Trading PLC.

    Export Management, Ethiopia

     1. Ravax Ravax, a company  based in Addis Ababa, Ethiopia,   has a mission to provide a professional coffee...

Overview About International Trade in Ethiopia

Economic Overview

After five years of strong growth (11.5% average), the Ethiopian economy slowed down slightly because of the crisis and the drought, the GDP growing at 10% in 2010. The main growth vectors remain agricultural production and services, sustained by exports and the continuous influx of development aid and foreign direct investments.

The plan implemented with the cooperation of the IMF in August 2009 and extended in October 2010 prioritizes the preservation of economic stability, which the global economic crisis had caused the country to suffer, due to the reduction in exports, financial transfers, FDI and the flow of development aid. Ethiopia has managed to juggle the inflation and reconstituting its monetary reserves, however in order to accelerate growth, it still needs to improve its business climate, liberalise trade and develop its financial system.

Ethiopia is amongst the world poorest countries, and suffers from chronic food shortages and climatic instabilities.

 

FDI in Figures

The FDI inflow into the country has been increasing since 2003 and because of the low financialization of the Ethiopian economy, was only slightly affected by the financial crisis.  The go...

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