Key Market Indicators
Ethiopia's electrical equipment export is expected to reach $49 million by 2026, up from $40 million in 2021. Since 2000, the country has seen an average annual growth of 5%. It was ranked 93rd in 2021, with Zambia overtaking it at $40 million. South Korea, the United States and Germany followed in the rankings. Ethiopian electrical equipment import is expected to reach $3.5 billion by 2026, up from $2.9 billion in 2021. Since 2000, Ethiopia's demand has grown at an average annual rate of 7.3%. It was ranked 58th in 2021, with Tunisia overtaking it at $2.9 billion. The United States, Germany and Singapore followed in the rankings.