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Ethiopia This factsheet provides the latest statistics on trade and investment between the UK and Ethiopia. Date of release: 2 August 2024; Date of next planned release: 22 August 2024Total trade
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Start by gathering all necessary information related to the trade in goods.
02
Calculate the total value of goods exported and imported separately.
03
Add the total value of exported goods to the total value of imported goods to get the total trade in goods.

Who needs total trade in goods?

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Government agencies for economic analysis and policy making
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Businesses for monitoring their trade performance
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Trade organizations for research and reporting purposes
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Total trade in goods refers to the total value of goods exchanged between countries during a specific time period.
Businesses and individuals involved in international trade are required to file total trade in goods.
Total trade in goods can be reported through customs declarations or electronic filing systems provided by the relevant authorities.
The purpose of total trade in goods is to track and analyze the movement of goods between countries for economic and regulatory purposes.
Information such as the description of goods, quantity, value, country of origin, and destination must be reported on total trade in goods.
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