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Best Prospects for U.S. Exports
Aftermarket Summary
There is a huge market potential for aftermarket auto part products in Ethiopia particularly for those parts that are frequently changed such as different types of fuel and air filters. Automobile users tend to use aftermarket parts as the aftermarket parts cost less than the OE manufactured parts.
Heavy Duty Market
Construction in Ethiopia is a high prospect sector developing at a growth rate of over 15% for the last decade. The construction boom created a large demand for heavy duty machineries products and this demand is expected to keep on growing in the short and medium term. U.S. heavy duty machineries such as Caterpillar products are in huge demand in the market.
Used and Remanufactured Market
A large portion of the automobile market is satisfied by used automotive products imported mainly from Europe or the UAE.
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For More Information about exporting to Ethiopia contact:
Teddy Tefera
Sr. Commercial Specialist - Global Auto & Smart Mobility Team
U.S. Embassy Addis Ababa, Ethiopia
251-944-731994