Ethiopia (ETH) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Ethiopia-Denmark Trade: In 2023, Ethiopia exported $2.62M to Denmark. The main products that Ethiopia exported to Denmark were Coffee ($1.95M), Knit Socks and Hosiery ($169k), and Milling Stones ($153k). Over the past 5 years the exports of Ethiopia to Denmark have increased at an annualized rate of 10.9%, from $1.56M in 2018 to $2.62M in 2023.

In 2023, Ethiopia did not export any services to Denmark.

Denmark-Ethiopia Trade: In 2023, Denmark exported $33.3M to Ethiopia. The main products that Denmark exported to Ethiopia were Enzymes ($4.09M), Computers ($4.08M), and Medical Instruments ($3.08M). Over the past 5 years the exports of Denmark to Ethiopia have decreased at an annualized rate of 9.05%, from $53.5M in 2018 to $33.3M in 2023.

In 2023, Denmark did not export any services to Ethiopia.

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $2.62M to Denmark. The main products exported from Ethiopia to Denmark were Coffee ($1.95M), Knit Socks and Hosiery ($169k), and Milling Stones ($153k). During the last 5 years the exports of Ethiopia to Denmark have increased at an annualized rate of 10.9%, from $1.56M in 2018 to $2.62M in 2023.

In 2018, Denmark exported $33.3M to Ethiopia. The main products exported from Denmark to Ethiopia were Enzymes ($4.09M), Computers ($4.08M), and Medical Instruments ($3.08M). During the last 5 years the exports of Denmark to Ethiopia have decreased at an annualized rate of 9.05%, from $53.5M in 2023 to $33.3M in 2018.

Exports from Ethiopia () to Denmark () (2023)

Exports from Denmark () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Denmark ()

Ethiopia Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Ethiopia than Denmark included Djibouti ($155M), Somalia ($142M), and Kenya ($109M).

In 2023, countries that imported more from Denmark than Ethiopia included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

Difference in imports from Denmark () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Denmark in the exports of N/A.

During 2018, Denmark had a large net trade with Ethiopia in the exports of Machines ($14.6M), Chemical Products ($7.19M), and Instruments ($4.14M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Denmark+$3.64MCoffee

Top Product Potential Denmark Ethiopia+$1.97MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Denmark. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Ethiopia.

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Denmark () (2023)

Exports from Denmark () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Denmark ()

Ethiopia Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Denmark () (2023)

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