Ethiopia

• What is the current trade deficit of Ethiopia?

  $3 billion
• How do trade influences development in Ethiopia?

  Trade impacts economic growth and investment
• What percentage of Ethiopia's exports are agricultural?

  80%
• What percentage of Ethiopia's GDP comes from agriculture?

  46%
• What are the top five imports of Ethiopia?

  Petroleum, trucks, fertilizers, construction, wheat
• How has Ethiopia's economy been growing recently?

  At a rate of 11%
• What was Ethiopia's GNI per capita in 2015?

  $6,660
• What has been the trend in poverty levels in Ethiopia?

  Fewer people live in poverty now
• What does an increase in international trade indicate about Ethiopia's economy?

  The government and economy are stabilizing
• What are the implications of Ethiopia being one of the world's largest food producers?

  It shows agricultural strength and potential
• What are the vulnerabilities of Ethiopia's economy?

  Climate change and global price changes
• How is the secondary industry performing in Ethiopia?

  It is taking off and growing
• How many people work in Ethiopia's tertiary sector jobs?

  Over 2.5 million
• What are the main components of Ethiopia's economy?

  • Agriculture: 80% of exports, 46% of GDP
  • Trade: Influences development and growth
  • Secondary industry: Taking off
  • Tertiary sector: Over 2.5 million jobs
• What is needed for manufacturing and improving infrastructure?

  Things are needed for manufacturing
• What is happening to the secondary industry?

  It is taking off
• What is being encouraged in the secondary industry?

  Investments in TNCs
• What is happening to tourism and travel?

  It is increasing
• How many people work in tertiary sector jobs in tourism?

  Over 2.5 million people
• What is the potential for tourism in Ethiopia?

  There is huge potential for tourism
• What is still lacking in Ethiopia for tourists?

  Hotels and services for tourists
• What does Ethiopia rely on for its economy?

  Agriculture with 89% of exports
• What percentage of jobs in Ethiopia are related to agriculture?

  80% of all jobs
• What has recently begun to develop in Ethiopia?

  Large-scale agriculture
• What are Ethiopia's main exports?

  Coffee, livestock products, and oilseeds
• What trade deficit does Ethiopia have?

  More imports than exports
• What are the benefits and problems of relying on a few commodities?

  Benefits: stable income; Problems: vulnerability to market changes
• What are the benefits and problems of relying on a few commodities in Ethiopia?

  Benefits:

  • Stable income from exports
  • Familiarity in trade

  
  

  Problems:

  • Vulnerability to market fluctuations
  • Limited economic diversification