Ethiopia Trade
- Created by: LunaShomeiRose
- Created on: 17-03-19 14:59
View mindmap
- Ethiopia Trade
- Has trade deficit (imports more than exports)
- Can't spend money on improvements to infrastructure, education, health care
- Effects economic + social development
- Can't spend money on improvements to infrastructure, education, health care
- Imports
- Petroleum - fuel industry + transport
- Trucks - improve transport
- fertilizer - improve agriculture
- Construction equipment - building
- High valued products - cost more than what they export
- Also imports wheat to feed people yet exports agricultural products
- Exports
- Mainly agricultural products (food + flowers)
- Mostly coffee in 2013
- Most crops grown in wetter highlands
- Dependent on commodities (raw material / agricultural product) = economy is vulnerable to factors effecting production (weather, climate, global economic effect world prices)
- Issues with ground transport + storage also affect quantity/quality of food exports
- low value products - affect development
- Tradig partners
- Chine, India, Saudi Arabia, Germany, Switzerland
- Chine: receives 21% of there exports + provide 11% of imports
- Global links show stable government + economy - Continued development of strong links will support economic development
- Chine, India, Saudi Arabia, Germany, Switzerland
- Has trade deficit (imports more than exports)
Comments
No comments have yet been made