Ethiopia (ETH) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Ethiopia-Spain Trade: In 2022, Ethiopia exported $31.8M to Spain. The main products that Ethiopia exported to Spain were Coffee ($8.24M), Knit Sweaters ($6.64M), and Soybean Meal ($2.99M). Over the past 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 17.1%, from $14.4M in 2017 to $31.8M in 2022.

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

Spain-Ethiopia Trade: In 2022, Spain exported $43.3M to Ethiopia. The main products that Spain exported to Ethiopia were Delivery Trucks ($4.4M), Garden Tools ($3.14M), and Non-Retail Combed Wool Yarn ($2.5M). Over the past 5 years the exports of Spain to Ethiopia have decreased at an annualized rate of 16.8%, from $131M in 2017 to $43.3M in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $31.8M to Spain. The main products exported from Ethiopia to Spain were Coffee ($8.24M), Knit Sweaters ($6.64M), and Soybean Meal ($2.99M). During the last 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 17.1%, from $14.4M in 2017 to $31.8M in 2022.

In 2017, Spain exported $43.3M to Ethiopia. The main products exported from Spain to Ethiopia were Delivery Trucks ($4.4M), Garden Tools ($3.14M), and Non-Retail Combed Wool Yarn ($2.5M). During the last 5 years the exports of Spain to Ethiopia have decreased at an annualized rate of 16.8%, from $131M in 2022 to $43.3M in 2017.

Exports from Ethiopia () to Spain () (2022)

Exports from Spain () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Spain ()

Ethiopia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Ethiopia than Spain included Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

In 2022, countries that imported more from Spain than Ethiopia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Spain in the exports of Textiles ($14.7M), Vegetable Products ($12.7M), and Foodstuffs ($2.99M).

During 2017, Spain had a large net trade with Ethiopia in the exports of Chemical Products ($9.35M), Transportation ($5.97M), and Metals ($4.78M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Spain+$13.6MCoffee

Top Product Potential Spain Ethiopia+$3.9MDelivery Trucks

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 Spain. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Ethiopia.

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Spain () (2022)

Exports from Spain () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Spain ()

Ethiopia Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Spain () (2022)

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