ETHIOPIA
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Trade flows between Canada and Ethiopia are modest but with the potential for growth in the short- to medium-term and are subject to significant year-to-year changes due to the one-time order of high-value products like aircraft. In 2013, the two-way trade came to $39.2 million, with $21.3 million in Can3adian exports to Ethiopia and $17.8 million of imports from Ethiopia into Canada.
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The year before, 2012, had seen a large boost in Canadian exports to Ethiopia, which stood at $123.6 million that year, due to the delivery of a number of Q400 aircraft from Bombardier to the Ethiopian Airlines. Bombardier has also set up a regional maintenance facility for the Q400 aircraft in Addis Ababa.
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Canada’s imports from Ethiopia consist mainly of agri-food products, such as coffee, team spices and oilseeds.
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According to the Ministry of Mines of Ethiopia, 13 Canadian companies have signed contracts for the exploration of potash and precious and base metals, with a registered capital of $6.5 million.
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In January 2010, Canada concluded an Air Services Agreement with Ethiopia. Ethiopian Airlines flights from Addis Ababa to Toronto began in July 2012.
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According to a Memorandum of Understanding signed between Canada and Ethiopia in 2003, Ethiopian exports of textile and apparel goods have tariff-free access to the Canadian market.