2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Ethiopia-Mexico Trade: In 2022, Ethiopia exported $703k to Mexico. The main products that Ethiopia exported to Mexico were Knit Babies' Garments ($221k), Knit T-shirts ($137k), and Other Pure Vegetable Oils ($84.8k). Over the past 5 years the exports of Ethiopia to Mexico have decreased at an annualized rate of 23.9%, from $2.75M in 2017 to $703k in 2022.

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

Mexico-Ethiopia Trade: In 2022, Mexico exported $18.2M to Ethiopia. The main products that Mexico exported to Ethiopia were Medical Instruments ($8.31M), Packaged Medicaments ($2.72M), and Video Displays ($935k). Over the past 5 years the exports of Mexico to Ethiopia have increased at an annualized rate of 12.6%,  from $10M in 2017 to $18.2M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $703k to Mexico. The main products exported from Ethiopia to Mexico were Knit Babies' Garments ($221k), Knit T-shirts ($137k), and Other Pure Vegetable Oils ($84.8k). During the last 5 years the exports of Ethiopia to Mexico have decreased at an annualized rate of 23.9%, from $2.75M in 2017 to $703k in 2022.

In 2017, Mexico exported $18.2M to Ethiopia. The main products exported from Mexico to Ethiopia were Medical Instruments ($8.31M), Packaged Medicaments ($2.72M), and Video Displays ($935k). During the last 5 years the exports of Mexico to Ethiopia have increased at an annualized rate of 12.6%, from $10M in 2022 to $18.2M in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Mexico (Flag)

Ethiopia Exports

Mexico Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Ethiopia than Mexico included Somalia ($265M), Saudi Arabia ($268M), and Djibouti ($86.8M).

In 2022, countries that imported more from Mexico than Ethiopia included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Ethiopia - Mexico

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Mexico in the exports of Textiles ($558k), Animal and Vegetable Bi-Products ($84.8k), and Animal Products ($45.6k).

During 2017, Mexico had a large net trade with Ethiopia in the exports of Instruments ($8.48M), Machines ($4.04M), and Chemical Products ($2.75M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Mexico+$531kKnit T-shirts
Top Product Potential Mexico Ethiopia+$5.77MMedical Instruments

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

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

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