|
I) Bilateral trade between India and Ethiopia
(Indian data)
|
Period
|
India's
Export to Ethiopia |
India's imports from
Ethiopia |
|
|
Crore Rupees |
Million US$ |
%
change over previous
year |
In crore Rupees |
Million US$ |
% change over previous
year
|
|
April 2001-March 2002
|
432.48 |
90.4 |
35.9% |
87.71 |
18.4 |
371.8% |
|
April 2002-March 2003
|
300.28 |
61.7 |
-31.7% |
51.06 |
10.5 |
-42.9% |
|
April 2003-March 2004
|
352.14 |
76 |
23.2% |
34.63 |
7.5 |
-28.6% |
|
April 2004-March 2005
|
241.14 |
53.3 |
-29.8% |
45.46 |
10.1 |
34.6% |
|
April 2005-March 2006
|
324.31 |
67.5 |
26.6% |
37.29 |
7.8 |
-22.7% |
|
April 2006 – March 2007
|
518.43 |
114.4 |
69.5% |
51.36 |
11.3 |
44.9% |
|
April 2007- March
2008 |
794.69 |
197.7 |
42.1% |
54.82 |
13.6 |
17.0% |
Source:
Directorate General of
Commercial Intelligence and Statistics (DGCIS), Kolkata
II) Bilateral trade between India and Ethiopia
(Ethiopian data)
(Ethiopian Fiscal year July
8th to July 7th)
|
Period
|
India's
export to Ethiopia
(CIF value) |
India's
import from Ethiopia
(FOB value) |
Total Trade |
|
|
Million US$
|
% change |
Million US$
|
% change |
Million US$ |
% change |
|
2002/2003 |
146.5 |
49.8 |
7.9 |
(-)31.3 |
154.4 |
42% |
|
2003/2004 |
154.1 |
5.2 |
9.7 |
22.8 |
163.8 |
6% |
|
2004/2005 |
279.4 |
81 |
9.3 |
(-)4.1 |
288.7 |
76% |
|
2005/2006 |
323.3 |
15.7 |
7.4 |
(-)20.4 |
330.7 |
14.5% |
|
2006/2007 |
356.21 |
10.2 |
13.87 |
87.4 |
370.1 |
12.0% |
|
2007/2008 |
426.9 |
19.8 |
15.8 |
14.0 |
442.7 |
19.6% |
Source: Ethiopian Customs
Authority
III) India's Year- wise Trade with Ethiopia and
Djibouti (2002-2007)
|
Year |
Exports to
Ethiopia
|
Exports to
Djibouti |
Total Exports to
Ethiopia and Djibouti |
% Change in total
Exports to Ethiopia and Djibouti |
|
2002-03 |
US$61.7 mn. |
US$37.2 mn |
US$98.9 mn |
|
|
2003-04 |
US$76.0 mn. |
US$ 72.9 mn. |
US$ 148.9mn. |
50.6% |
|
2004-05 |
US$ 53.3 mn. |
US$ 123.1mn. |
US$ 176.4mn. |
18.5% |
|
2005-06 |
US$ 67.5 mn. |
US$ 212.2mn. |
US$ 279.7mn. |
58.6% |
|
2006-07 |
US$ 114.4 mn. |
US$ 307.1mn. |
US$ 421.5mn. |
50.7% |
|
2007-08 |
US$ 197.7 mn. |
US$458.4mn. |
US$656.1mn. |
55.6% |
|
Year |
India's Imports
from Ethiopia |
India's Imports
from Djibouti |
Total Imports
from Ethiopia and Djibouti |
% Change in total
Imports from Ethiopia and Djibouti |
|
2002-03 |
US$10.5 mn. |
US$0.82 mn. |
US$11.3 mn. |
|
|
2003-2004 |
US$ 7.5 mn. |
US$ 1.2 mn. |
US$ 8.7 mn. |
(-) 23.1% |
|
2004-2005 |
US$ 10.1 mn. |
US$ 3.1 mn. |
US$ 13.2 mn. |
51.7% |
|
2005-2006 |
US$ 7.8 mn. |
US$ 3.1 mn. |
US$ 10.9 mn. |
(-) 17.4% |
|
2006-2007 |
US$ 11.3 mn. |
US$ 2.1 mn. |
US$ 13.4 mn. |
22.9% |
|
2007-08 |
US$13.6mn. |
US$4.4mn. |
US$18.0 mn.
|
34.3% |
Source: DGCIS
Total FDI/Joint Ventures value by 8 top
countries
|
Country of origin |
Total No. of projects |
Capital
Value in USD
billion |
Permanent Employment |
Temporary Employment |
|
Sudan |
350 |
4.2 |
55,455 |
99,125 |
|
India
|
370 |
3.5 |
25,938 |
120,977 |
|
USA |
1,279 |
3.2 |
39,309 |
42,641 |
|
USA/Ethiopia |
202 |
2.1 |
40,300 |
63,415 |
|
Saudi Arabia |
140 |
1.4 |
21,450 |
27,848 |
|
China |
619 |
0.7 |
29,894 |
39,998 |
|
Canada |
450 |
0.3 |
11,736 |
7,928 |
|
UK |
359 |
0.2 |
89,949 |
108,656 |
Analysis of Indian
Investment Projects in Ethiopia
|
No. |
Investment Status |
No. of companies |
Capital
Value in USD
million |
%age |
|
1 |
Pre-implementation |
255 |
3000 |
85 |
|
2 |
Operation |
100 |
465 |
14 |
|
3 |
Implementation |
15 |
35.4 |
1 |
|
|
Total |
370 |
3500 |
100% |
|
Sector |
Companies
(no.) |
Capital (US$)
Million |
% of total approved
Indian capital |
|
Agriculture and
floriculture |
75 |
2000 |
57.0 |
|
Construction
|
25 |
14 |
0.4 |
|
Education
|
15 |
6 |
0.2 |
|
Health and Social work |
4 |
1.3 |
0.05 |
|
Hotels & Restaurants
|
11 |
508 |
14.0 |
|
Manufacturing
|
183 |
545 |
15.0 |
|
Mining &
Quarrying |
4 |
465 |
13.0 |
|
Real estate, Renting
and Business activities |
40 |
12 |
0.3 |
|
Wholesale, retail
trade and repair service |
13 |
1.8 |
0.05 |
|
Total |
370 |
3500 |
100 |
Indian Investment projects
in Ethiopia
|
Year of permit |
Total No. of projects |
Capital
Value in million USD |
|
2000 |
3 |
2.7 |
|
2001 |
6 |
12.4 |
|
2002 |
7 |
29.8 |
|
2003 |
21 |
43.9 |
|
2004 |
45 |
101.0 |
|
2005 |
76 |
111.5 |
|
2006 |
71 |
114.9 |
|
2007 |
70 |
1.1 billion |
|
2008 |
92 |
1.8 billion |
Source: Ethiopian Investment
Agency
Region-wise
distribution of approved Indian Investment projects:
Addis Ababa : 207
companies
Oromia : 142
Multi-regional : 60
SNNPR : 6
Tigray
: 4
Dire Dawa
: 4
Harari
: 1
Amhara
: 2
Benshangul Gumuz :
1
II)
India Line of Credit to Ethiopia
|
Year |
US$ |
Project |
Terms |
Remarks |
|
2006 |
65
million |
For
power transmission and distribution project under the rural electrification
programme |
Terms
of 1.7% and 20 year repayment period |
This
was the first Indian Line of Credit to Ethiopia |
|
2007 |
640
million |
To
support Ethiopian Sugar Industries |
Terms
of 1.7% and 20 year repayment period |
This
is the largest Line of Credit made by India in the world |
|