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Ethiopia

Ethiopia ranked No. 92 in total trade value through August with a total of $846.51 million. Exports totaled $462.18 million and Imports totaled $384.34 million, a surplus of $77.84 million.

January – August 2019

Top Trading Ports

Total Trade: $846.51 million

RankPortTotal YTD
1Port of Everett, Wash. $152,280,188
2Dulles International Airport, Washington D.C., Va. $127,141,301
3Miami International Airport $103,781,455
4Port of Newark $64,478,002
5Port of Charleston $63,369,828
6Port of Houston $48,646,525
7Cleveland’s Hopkins International Airport, Ohio $38,196,415
8Port of Savannah, Ga. $30,741,082
9Port of Oakland, Calif. $29,503,854
10Port of New Orleans $24,474,431

U.S. trade with Ethiopia rose to $846.51 million through August

Ethiopia’s trade with the United States rose to $846.51 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.64 percent below its total trade during the same time period last year. U.S. exports to Ethiopia decreased 36.7 percent while U.S. imports from Ethiopia rose 29.15 percent. The U.S. surplus with Ethiopia was $77.84 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Everett, Wash.; No. 2 Dulles International Airport, Washington D.C., Va.; No. 3 Miami International Airport; No. 4 Port of Newark; and No. 5 Port of Charleston. During the same period the previous year, the top five were No. 1 Port of Everett, Wash. No. 2 Seattle-Tacoma International Airport No. 3 Dulles International Airport, Washington D.C., Va. No. 4 Port of Newark and No. 5 Port of Houston. In the current time period, the top five accounted for 60.37 percent of Ethiopia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Everett, Wash. fell 65.15 percent to $152.28 million.
    Exports fell 65.15 percent to $152.28 million. There were no imports.
  • Trade with No. 2 Dulles International Airport, Washington D.C., Va. rose 42.43 percent to $127.14 million.
    Exports fell 20.79 percent to $25.45 million. Imports rose 77.97 percent to $101.69 million.
  • Trade with No. 3 Miami International Airport rose 3948.85 percent to $103.78 million.
    Exports rose 6826.97 percent to $95.58 million. Imports rose 593.34 percent to $8.21 million.
  • Trade with No. 4 Port of Newark rose 3.39 percent to $64.48 million.
    Exports fell 64.01 percent to $3.29 million. Imports rose 14.99 percent to $61.18 million.
  • Trade with No. 5 Port of Charleston rose 161.66 percent to $63.37 million.
    Exports rose 205.26 percent to $609,862. Imports rose 161.3 percent to $62.76 million.

Ethiopia ranked No. 92 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 84.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Ethiopia by value through August were the categories of Civilian aircraft, parts; Wheat; Low value shipments; Medical instruments for surgeons, dentists, vets; and Misc. medical chemical re-agents, respectively. They accounted for 76.82 percent of total exports to Ethiopia.

The value of the top five categories of U.S. imports from Ethiopia –– Coffee; Value added to a returned import; Men’s or boys’ slacks, suits, not knit; Electric ignition equipment; and Men’s or boys’ shirts, not knitted or crocheted –– accounted for 60.15 percent of all inbound shipments.

Looking more closely at U.S. exports to Ethiopia:

  • Civilian aircraft, parts fell 52.06 percent compared to last year to $294.24 million.
  • Wheat rose 81.54 percent compared to last year to $37.9 million.
  • Low value shipments rose 49.23 percent compared to last year to $8.43 million.
  • Medical instruments for surgeons, dentists, vets rose 1369 percent compared to last year to $7.93 million.
  • Misc. medical chemical re-agents rose 70.43 percent compared to last year to $6.52 million.

Looking more closely at U.S. imports from Ethiopia:

  • Coffee fell 7.67 percent compared to last year to $100.34 million.
  • Value added to a returned import rose 48.37 percent compared to last year to $59.58 million.
  • Men’s or boys’ slacks, suits, not knit rose 118.69 percent compared to last year to $31.51 million.
  • Electric ignition equipment rose 307.36 percent compared to last year to $20.97 million.
  • Men’s or boys’ shirts, not knitted or crocheted rose 129.85 percent compared to last year to $18.75 million.

In the latest annual figures available, Ethiopia recorded $1.16 billion in trade with the United States. At year’s end, its were Seattle; Houston; Chicago; New York City; and San Francisco. Total U.S. exports to Ethiopia were $ 873.5 million and imports from Ethiopia were $291.39 million. The U.S. surplus with Ethiopia was $582.11 million.