China / Ethiopia

Overview In October 2024, China exported $273M and imported $24.4M from Ethiopia, resulting in a positive trade balance of $249M. Between October 2023 and October 2024 the exports of China have increased by $57.5M (26.7%) from $216M to $273M, while imports decreased by $-6.78M (-21.7%) from $31.2M to $24.4M.

Trade In October 2024, the top exports of China to Ethiopia were Buses ($11M), Telephones ($9.87M), Knit Women's Suits ($7.86M), Pesticides ($6.61M), and Cars ($5.24M). In October 2024 the top imports of China from Ethiopia were Coffee ($14.8M), Other Oily Seeds ($6.56M), Soybeans ($5.34M), Dried Legumes ($3.24M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($2.28M).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($58.9M), Zhejiang Province ($43.2M), Beijing ($39.5M), Shanghai Province ($33.6M), and Jiangsu Province ($25.5M), while imports destinations were mainly Beijing ($7.75M), Shanghai Province ($3.98M), Shandong Province ($2.36M), Zhejiang Province ($2M), and Guangdong Province ($1.82M).

Growth In October 2024, the increase in China's year-by-year exports to Ethiopia was explained primarily by an increase in product exports in Buses ($11M or 75.7k%), Pesticides ($4.74M or 254%), and Cars ($4.49M or 598%). In October 2024, the decrease in China's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Other Oily Seeds ($-16.6M or -71.6%), Dried Legumes ($-2.75M or -46%), and Non-Retail Pure Cotton Yarn ($-1.67M or -85.6%).