AGOA Status: Ethiopia is not eligible for AGOA this year.
Trade Agreements: The U.S. and the Common Market for Eastern and Southern Africa (COMESA), which includes Ethiopia, signed a Trade and Investment Framework Agreement (TIFA) in 2001.
Ethiopia Trade & Investment Summary
U.S. goods exports to Ethiopia in 2022 were $1.1 billion, up 88.5 percent ($509 million) from 2021 but down 15 percent from 2012. U.S. goods imports from Ethiopia totaled $718 million in 2022, up 19.4 percent ($117 million) from 2021, and up 292 percent from 2012. The U.S. trade balance with Ethiopia shifted from a goods trade deficit of $26 million in 2021 to a goods trade surplus of $366 million in 2022.
U.S. foreign direct investment (FDI) in Ethiopia (stock) was $29 million in 2022, a 7.4 percent increase from 2021.
Investment
- Data on U.S. FDI in Ethiopia are unavailable. There is no information on the distribution of U.S. FDI in Ethiopia.
- No data on Ethiopia's FDI in the U.S. are available. There is no information on the distribution of Ethiopia FDI in the U.S.
NOTE: No services trade data with Ethiopia are available.
