Economy
Goods Imports Reach 22.1 Billion US Dollars Despite Reforms
BirrMetrics · 5 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
Ethiopia's merchandise imports increased by 18 percent to 22.1 billion US dollars in 2025/26 as strong demand for fuel, capital goods, and industrial inputs persisted.
- Ethiopia's merchandise imports increased by approximately 18 percent to 22.1 billion US dollars in the 2025/26 fiscal year.
- Goods exports rose to 11.18 billion US dollars, while the merchandise trade deficit widened modestly to approximately 10.91 billion US dollars.
- Capital goods represented approximately 36 percent of merchandise imports, reaching 8.06 billion US dollars up from 6.76 billion US dollars.
- Consumer goods imports totaled 5.53 billion US dollars, semi-finished goods reached 4.28 billion US dollars, and fuel costs rose to 3.93 billion US dollars.
- Services imports reached approximately 8 billion US dollars, which included transport-related payments associated with Ethiopian Airlines.
- Prime Minister Abiy Ahmed reported that the country saved approximately 5 billion US dollars in foreign currency through local production and import substitution during the fiscal year.
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