2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
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GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
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GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Austria-Ethiopia In 2022, Austria exported $15M to Ethiopia. The main products that Austria exported to Ethiopia are Mill Machinery ($3.53M), Sawn Wood ($2.74M), and Planes, Helicopters, and/or Spacecraft ($2.69M). During the last 27 years the exports of Austria to Ethiopia have increased at an annualized rate of 3.53%, from $5.9M in 1995 to $15M in 2022.

In 2022, Austria did not export any services to Ethiopia.

Ethiopia-Austria In 2022, Ethiopia exported $933k to Austria. The main products that Ethiopia exported to Austria were Coffee ($662k), Other Pure Vegetable Oils ($156k), and Imitation Jewellery ($27.4k). During the last 27 years the exports of Ethiopia to Austria have decreased at an annualized rate of 6.54%, from $5.79M in 1995 to $933k in 2022.

In 2022, Ethiopia did not export any services to Austria.

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $15M to Ethiopia. The main products exported from Austria to Ethiopia were Mill Machinery ($3.53M), Sawn Wood ($2.74M), and Planes, Helicopters, and/or Spacecraft ($2.69M). During the last 27 years the exports of Austria to Ethiopia have increased at an annualized rate of 3.53%, from $5.9M in 1995 to $15M in 2022.

In 2022, Ethiopia exported $933k to Austria. The main products exported from Ethiopia to Austria were Coffee ($662k), Other Pure Vegetable Oils ($156k), and Imitation Jewellery ($27.4k). During the last 27 years the exports of Ethiopia to Austria have decreased at an annualized rate of 6.54%, from $5.79M in 1995 to $933k in 2022.

Exports from Austria (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Ethiopia (Flag)

Austria Exports

Ethiopia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2021, countries that imported more from Austria than Ethiopia were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Ethiopia than Austria were Somalia ($265M), United Arab Emirates ($723M), and Djibouti ($86.8M).

Difference in imports from Ethiopia (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Ethiopia

Flow
Scale

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

During 2022, Austria had a large net trade with Ethiopia in the exports of Machines ($5.5M), Transportation ($4.5M), and Wood Products ($2.82M).

During 2022, Ethiopia had a large net trade with Austria in the exports of Vegetable Products ($674k), Animal and Vegetable Bi-Products ($156k), and Machines ($31k).

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 Austria has comparative advantage over Ethiopia. Similarly, the more yellow a dot/product is, the more Ethiopia has comparative advantage over Austria.

Product Space of Austria (Flag) and Ethiopia (Flag) (2022)

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