Location : Eastern Africa, west of Somalia
Capital : Addis Ababa
Languages : Amharic, Tigrinya, Oromigna, Guaragigna, Somali, Arabic, other local languages, English (major foreign language taught in schools)
Area : 1,127,127 sq km
Land Use : arable land: 10.71%; permanent crops: 0.75%; other: 88.54% (2001)
Natural Resources : small reserves of gold, platinum, copper, potash, natural gas, hydropower
Population : 73,053,286 (July 2005 est.).
Population below poverty line : 50% (2004 est.)
International Organisation participation : ACP, AFDB, AU, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, IGAD, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO, ITU, MIGA, NAM, ONUB, OPCW, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UPU, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO (observer)
GDP per capita : U$800 (2004 est.)
GDP Real Growth Rate : 11.6% (2004 est.)
GDP sectoral composition : agriculture: 47%; industry: 12.4%; services: 40.6% (2004 est.)
Investment (gross fixed): 17.8% of GDP (2004 est.)
Industries: food processing, beverages, textiles, chemicals, metals processing, cement
Industrial production growth rate : 6.7% (2001 est.)
Agriculture - products : cereals, pulses, coffee, oilseed, sugarcane, potatoes, qat; hides, cattle, sheep, goats
Exports : U$562.8 million f.o.b. (2004 est.)
Exports - commodities : coffee, qat, gold, leather products, live animals, oilseeds
Exports - partners : Djibouti 13.6%, Germany 9.7%, Japan 9%, Saudi Arabia 6.5%, US 5.4%, Italy 4.9%, UK 4.3% (2004)
Imports : U$2.104 billion f.o.b. (2004 est.)
Imports - commodities : food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles
Imports - partners : Saudi Arabia 25%, US 15.9%, China 6.7% (2004)
QUALITATIVE TRADE PROFILE
The central element of Ethiopia's trade policy is its tariff regime. There are six tariff bands ranging from 5% to 35% .The rates are 0, 5, 10, 20, 30 and 35 per cent. Both import and export tariffs are ad valorem. There are no other preferential tariffs except for imports from COMESA member countries.
Ethiopia 's exports are concentrated in very few products. The economy is overwhelmingly concentrated in agriculture which accounts for more than 90 percent of exports, 85 percent of employment, and 55 percent of GDP.
INSTITUTIONAL FRAMEWORK
Primary responsibility for trade policy formulation and implementation lies with the Ministry of Trade and Industry, while the Ministry of Foreign Affairs is responsible for trade negotiation and the Ethiopian Export Promotion Agency for trade promotion. Currently, there is no inter-ministerial co-ordination nor is there any mechanism for private sector involvement.
TRADE AGREEMENTS
Bilateral
Ethiopia is a beneficiary under the African Growth and Opportunity Act (AGOA) and EU 'Everything-but-Arms' initiative as well as under many other GSP schemes.
Regional
Ethiopia is a member of the Common Market for Eastern and Southern Africa (COMESA), the Intergovernmental Authority on Development (IGAD) and the Organization of African Unity (OAU). Ethiopia is currently negotiating an Economic Partnership Agreement with the EU through the ESA configuration.
Multilateral
Ethiopia is an observer of the WTO. It has submitted a request for accession but it has not yet submitted its Memorandum of Foreign Trade Regime.
NEED PRIORITIES
Ethiopia needs assistance with the WTO accession process and in particular the preparation of the Memorandum of Foreign Trade, research and analysis related to EPA negotiations, public-private co-ordination and trade support infrastructure.
Source: World Fact Book, WTO Secretariat.