India / Ethiopia

Overview In August 2024, India exported $30.8M and imported $8.19M from Ethiopia, resulting in a positive trade balance of $22.6M. Between August 2023 and August 2024 the exports of India have decreased by $-2.98M (-8.84%) from $33.7M to $30.8M, while imports decreased by $-1.95M (-19.2%) from $10.1M to $8.19M.

Trade In August 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 August 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 August 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 ($-1.15M or -86.2%). In August 2024, the decrease in India's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Finished Leather ($-164k or -72.8%), Other Commodities ($-64.7k or -99.7%), and Pearl, Precs, Semiprecs Stones ($-2k or -3.2%).