focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Ethiopia
Ethiopia
Country's Overview
 
 
 
 

 
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GEOGRAPHY

Ethiopia is located at the eastern Africa west of Somalia, bordering Eretria, Somalia, Sudan, Kenya, Area 1,104,300 sq km; Addis Ababa is the capital city.

Climate:Tropical monsoon with wide topographic-induced variation.

Political Structure: Federal Republic.

Source : Wikipedia,CIA .

 

 
   
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POPULATION

85.23 Mn. Growth Rate is 3.208% YOY.

Ethnic group:Oromo 32.1%, Amara 30.1%, Tigraway 6.2%, Somalie 5.9%, Guragie 4.3%, Sidama 3.5%, Welaita 2.4%, other 15.4%

Religion: Christian 60.8% (Orthodox 50.6%, Protestant 10.2%), Muslim 32.8%, traditional 4.6%, other 1.8%

Language: Amarigna 32.7%, Oromigna 31.6%, Tigrigna 6.1%, Somaligna 6%, Guaragigna 3.5%, Sidamigna 3.5%, Hadiyigna 1.7%, other 14.8%.

SOURCE: CIA, MAPS OF WORLD

 
   
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GDP (PPP)

USD $68.77 BILLION (2008 EST)

The estimated real growth rate is 11.6%2008.the GDP growth rate for the year 2006 and 2007 were 11.5% and 11.5% respectively.

 
   
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TRADE(EXPORT & IMPORT)

Values in USD Billion

ETHIOPIA

Year 2006

Year 2007

Year 2008

Growth from 2006-07

Growth from 2007-08

CAGR over 3years

Imports

5.21

5.81

8.68

11.52%

49.4%

29.07%

Exports

1.04

1.28

1.60

23.08%

25%

24.03%

Total Trade

6.25

7.09

10.28

13.44%

44.99%

28.25%

Total Trade as a % of GDP

11.31%

11.5%

14.95%

-

-

-

SOURCE: UN DATABASE

   
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SECTOR BREAKUP

AGRICULTURE: 44.9%, INDUSTRY: 12.8%, SERVICES: 42.3% (2008 EST.)

SOURCE: CIA, MAPS OF WORLD, WIKIPEDIA

 
   
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ECONOMY SNAPSHOTS

Ethiopia's economy is based on agriculture, accounting for almost half of GDP, 60% of exports, and 80% of total employment. The agricultural sector suffers from frequent drought and poor cultivation practices. Coffee is critical to the Ethiopian economy with exports of some $350 million in 2006, but historically low prices have seen many farmers switching from Agriculture to other means to supplement income.

THE MAJOR INDICATORS FOR THE DEVELOPMENT ARE

 

Revenue

USD 4.517Bn Expenditure USD 5.34Bn

Investments as a part of

GDP 25.2% Inflation 44.4%
Public debt as a part of GDP 34.1% For-ex and gold reserves USD 870.5Mn

Source: World Bank report, CIA and Wikipedia