- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
India is one of Ethiopia's top three foreign investors
India is the second important source of imports for Ethiopia
Indian investment is majorly in agriculture, floriculture, engineering, plastics, manufacturing, cotton and textiles
US$1b worth LOC sanctioned by India to Ethiopia for rural electrification, sugar industry and railways sector
US$ 716mn
Bilateral trade in 2021-2022
US$ 681.28mn
Ethiopia's imports from India in 2021-22
5000
Overseas Indians living in Ethiopia
No 1
Ethiopia is the fastest growing economy in Africa
Growth
Ethiopia's growth is driven by the increase in industrial activity, infrastructure and manufacturing
2nd
Largest market in Africa with a rapidly growing middle-class society
Railways
Ethiopia's Light Rail System project is the first of its kind in the entire region
Agriculture
Ideal location for growing cereals, pulses, oil seeds, fruits, vegetables, coffee, tobacco, sugar cane, tea and spices
Connectivity
Mobile phone access in Ethiopia is the strongest in the region
India's Exports and Imports to Ethiopia
Source: Department of Commerce
Dated: 24/01/2023
Values in US $ Millions
Country / Region: ETHIOPIA
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 683.88 | 766.03 | 798.31 | 684.32 | 681.28 |
| 2. | %Growth | 12.01 | 4.21 | -14.28 | -0.44 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.23 | 0.23 | 0.25 | 0.23 | 0.16 |
| 6. | IMPORT | 47.45 | 55.01 | 98.55 | 32.64 | 62.44 |
| 7. | %Growth | 15.93 | 79.16 | -66.88 | 91.30 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
| 11. | TOTAL TRADE | 731.33 | 821.04 | 896.86 | 716.96 | 743.72 |
| 12. | %Growth | 12.27 | 9.24 | -20.06 | 3.73 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.10 | 0.10 | 0.11 | 0.10 | 0.07 |
| 16. | TRADE BALANCE | 636.43 | 711.02 | 699.76 | 651.68 | 618.84 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Ethiopian Investment Commission
+251-11-551-0033
Addis Ababa, Ethiopia P.O. Box 2313 Ethiopia
Embassy of India, Addis Ababa, Ethiopia
011- 6362010/6362600/6362034/636-2279
224, Kebele 13/14, Woreda 07,
Arada Sub-City,
Near Bel Air Hotel,
Aware , Addis Ababa.
Ethiopia
Commercial Representative
+251-92-990-7271
Mihir Kumar Thakur
Attache (Com.)
