Ethiopia Export Data, Ethiopia Trade Data, Ethiopia Trade Statistics

Import Globals10 Sep, 2024Business

Ethiopia has been steadily climbing the ranks as one of the top exporting countries in recent years. In 2022, it is expected to maintain its position as a major player in the global market. According to data from the World Trade Organization, Ethiopia's export rank was at 118th place in 2019, but it is estimated to jump up to around 113th place by 2022. The Gross Domestic Product (GDP) of a country is one of the essential indicators of economic health and growth potential. In recent years, Ethiopia has seen remarkable growth in its GDP figures and this trend is expected to continue into 2022. In 2019, Ethiopia's GDP was recorded at $96 billion, making it one of the fastest-growing economies in Africa.