2022
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GDP
$127BCURRENT US$
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2012-2022
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GDP GROWTH
193%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$1,028CURRENT US$
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2012-2022
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GDP PC GROWTH
124%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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GDP PC GROWTH
26.7%CURRENT US$
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About

Ethiopia-South Korea In 2022, Ethiopia exported $123M to South Korea. The main products that Ethiopia exported to South Korea are Coffee ($111M), Non-Knit Women's Coats ($2.74M), and Cut Flowers ($2.12M). During the last 27 years the exports of Ethiopia to South Korea have increased at an annualized rate of 14.6%, from $3.07M in 1995 to $123M in 2022.

In 2022, Ethiopia did not export any services to South Korea.

South Korea-Ethiopia In 2022, South Korea exported $128M to Ethiopia. The main products that South Korea exported to Ethiopia were Large Construction Vehicles ($29.5M), Cars ($8.99M), and Rice ($8.79M). During the last 27 years the exports of South Korea to Ethiopia have increased at an annualized rate of 4.57%, from $38.2M in 1995 to $128M in 2022.

In 2022, South Korea did not export any services to Ethiopia.

Comparison In 2022,  Ethiopia ranked 97 in the Economic Complexity Index (ECI -0.86), and 134 in total exports ($4.24B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $123M to South Korea. The main products exported from Ethiopia to South Korea were Coffee ($111M), Non-Knit Women's Coats ($2.74M), and Cut Flowers ($2.12M). During the last 27 years the exports of Ethiopia to South Korea have increased at an annualized rate of 14.6%, from $3.07M in 1995 to $123M in 2022.

In 2022, South Korea exported $128M to Ethiopia. The main products exported from South Korea to Ethiopia were Large Construction Vehicles ($29.5M), Cars ($8.99M), and Rice ($8.79M). During the last 27 years the exports of South Korea to Ethiopia have increased at an annualized rate of 4.57%, from $38.2M in 1995 to $128M in 2022.

Exports from Ethiopia (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Ethiopia (Flag) (2022)

Latest Data

Trade between Ethiopia (Flag) and South Korea (Flag)

Ethiopia Exports

South Korea Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
South Korea
Top Destination
China$150B

This map shows whether countries import more from Ethiopia or South Korea. Each country is colored based on the difference in imports they receive from Ethiopia and South Korea or the difference in the growth in imports.

In 2021, countries that imported more from Ethiopia than South Korea were Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

In 2021, countries that imported more from South Korea than Ethiopia were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Ethiopia (Flag) (2022)

Comparative Advantage Ethiopia - South Korea

Flow
Scale

This chart compares trade between Ethiopia and South Korea by product, considering products traded by both, Ethiopia and South Korea.

During 2022, Ethiopia had a large net trade with South Korea in the exports of Vegetable Products ($115M), Textiles ($7.24M), and Animal Products ($327k).

During 2022, South Korea had a large net trade with Ethiopia in the exports of Machines ($52.2M), Plastics and Rubbers ($26.1M), and Chemical Products ($18.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ethiopia has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Ethiopia.

Product Space of Ethiopia (Flag) and South Korea (Flag) (2022)

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