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EU and Ethiopia

EU- Ethiopia Relations

With a total volume of more than 1,9 billion EURO in 2014, the EU is the second most important trade partner for Ethiopia. Ethiopia's exports to the EU represented 26% of its worldwide exports in 2014. China (17%), the USA (7%), Saudi Arabia (7%) and Japan (4%) followed in terms of important export destination. 11% of Ethiopia's imports in 2014 were from the EU, behind China (19%), and ahead of the USA (11%), Saudi Arabia (7%) and India (5%).

EU investments to Ethiopia over the last 20 years have amounted to almost 10 billion ETB. In addition to the numbers, Ethiopian counterparts are often very appreciative of the particularly high quality of EU investments allowing for a transfer of technology in key sectors as well as employment generation. Number of jobs generated by the roughly 300 EU companies active in Ethiopia is estimated at just under 100.000.

With around 1 billion USD per year, the EU (Commission and Member States) provide around 1/3 of ODA to Ethiopia and is taking a lead in progressively using country systems and work within the EU+ and the wider DAG community on aid effectiveness.

 
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