India / Ethiopia

Overview In July 2024, India exported $24.3M and imported $6.73M from Ethiopia, resulting in a positive trade balance of $17.5M. Between July 2023 and July 2024 the exports of India have decreased by $-23.6M (-49.3%) from $47.8M to $24.3M, while imports decreased by $-338k (-4.78%) from $7.07M to $6.73M.

Trade In July 2024, the top exports of India to Ethiopia were Drug Formulations, Biologicals ($13.8M), Motor Vehicle/Cars ($2.14M), Indl. Machnry For Dairy Etc ($2.05M), Processed Fruits And Juices ($2.05M), and Surgicals ($1.91M). In July 2024 the top imports of India from Ethiopia were Other Oil Seeds ($1.91M), Pulses ($1.79M), Indl. Machnry For Dairy Etc ($1.05M), Oth Txtl Yrn, Fbric Mdup Artcl ($780k), and Oil Meals ($255k).

Growth In July 2024, the decrease in India's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Two And Three Wheelers ($-1.52M or -100%), Sugar ($-1.43M or -99.8%), and Manmade Yarn,Fabrics,Madeups ($-1.15M or -86.2%). In July 2024, the decrease in India's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Finished Leather ($-164k or -72.8%), Other Commodities ($-64.7k or -99.7%), and Pearl, Precs, Semiprecs Stones ($-2k or -3.2%).