Diplomacy
Ethiopia Trade More Than Tripled in 2025, Putin Says
BirrMetrics · 2 weeks ago · Read the Full Story on BirrMetrics
AI SUMMARY
Russian President Vladimir Putin and Prime Minister Abiy Ahmed met during the BRICS summit in New Delhi to discuss deepening bilateral trade, investment, and energy cooperation.
- Trade between Russia and Ethiopia more than tripled in 2025.
- Russian President Vladimir Putin and Prime Minister Abiy Ahmed discussed bilateral relations on the sidelines of the BRICS summit in New Delhi.
- The Russian Foreign Ministry valued bilateral trade at over 435 million US dollars in 2025.
- Russian exports to Ethiopia included fertiliser, agricultural machinery, and energy equipment, while Ethiopian exports included coffee, flowers, and textiles.
- Officials have identified logistics and financial settlement mechanisms as practical barriers requiring attention.
- Russia's state nuclear company Rosatom and Ethiopian Electric Power signed an action plan in Moscow in September 2025.
- A three-year roadmap agreed in 2025 includes training Ethiopian engineers and physicists.
- More than 20,000 Ethiopians have received education in Russia.
- Ethiopia became a full member of BRICS on January 1, 2024.
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