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Ethiopia

Business in Ethiopia:

Ethopia Market Overview

Ethiopia has a large population and thus potentially one of the largest domestic markets in Africa. With a population of about 71 million, it is the third most populous nation in Africa, next to Nigeria and Egypt. With a per capita income of roughly $100 (one fifth of the sub-Saharan average), however, Ethiopia ranks among the poorest countries in the world. Despite its poverty, Ethiopia has been among the top ten U.S. markets in sub- Saharan Africa over the last several years. U.S. exports to Ethiopia in FY 2003/04 were more than $500 million, consisting mainly of aircraft exports. The agricultural sector accounts for about 45 percent of the nation’s gross domestic product, 85 percent of total employment, and more than 80 percent of merchandise exports...

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