2023
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GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
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GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
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 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
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GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
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GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
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GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
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GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Ethiopia-Indonesia Trade: In 2023, Ethiopia exported $39.8M to Indonesia. The main products that Ethiopia exported to Indonesia were Dried Legumes ($33.1M), Sheep Hides ($4.77M), and Tanned Sheep Hides ($974k). Over the past 5 years the exports of Ethiopia to Indonesia have decreased at an annualized rate of 5.44%, from $52.6M in 2018 to $39.8M in 2023.

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

Indonesia-Ethiopia Trade: In 2023, Indonesia exported $321M to Ethiopia. The main products that Indonesia exported to Ethiopia were Palm Oil ($93.1M), Soap ($57.3M), and Cars ($18.9M). Over the past 5 years the exports of Indonesia to Ethiopia have increased at an annualized rate of 5.22%,  from $249M in 2018 to $321M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ethiopia exported $39.8M to Indonesia. The main products exported from Ethiopia to Indonesia were Dried Legumes ($33.1M), Sheep Hides ($4.77M), and Tanned Sheep Hides ($974k). During the last 5 years the exports of Ethiopia to Indonesia have decreased at an annualized rate of 5.44%, from $52.6M in 2018 to $39.8M in 2023.

In 2018, Indonesia exported $321M to Ethiopia. The main products exported from Indonesia to Ethiopia were Palm Oil ($93.1M), Soap ($57.3M), and Cars ($18.9M). During the last 5 years the exports of Indonesia to Ethiopia have increased at an annualized rate of 5.22%, from $249M in 2023 to $321M in 2018.

Exports from Ethiopia (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to Ethiopia (Flag) (2023)

Latest Data

Trade between Ethiopia (Flag) and Indonesia (Flag)

Ethiopia Exports

Indonesia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Ethiopia than Indonesia included Somalia ($142M), South Sudan ($2.6M), and Lesotho ($50.7k).

In 2023, countries that imported more from Indonesia than Ethiopia included China ($70.7B), United States ($27.9B), and India ($24B).

Difference in imports from Indonesia (Flag) and Ethiopia (Flag) (2023)

Comparative Advantage Ethiopia - Indonesia

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Indonesia in the exports of Vegetable Products ($33.7M), Animal Hides ($5.85M), and Chemical Products ($110k).

During 2018, Indonesia had a large net trade with Ethiopia in the exports of Animal and Vegetable Bi-Products ($122M), Chemical Products ($72.4M), and Paper Goods ($57.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Indonesia+$913kOther Oily Seeds
Top Product Potential Indonesia Ethiopia+$32.6MPalm Oil

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

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

Product Space of Ethiopia (Flag) and Indonesia (Flag) (2023)

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