2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Ethiopia-Romania Trade: In 2023, Ethiopia exported $1.92M to Romania. The main products that Ethiopia exported to Romania were Dried Legumes ($1.06M), Coffee ($485k), and Polyacetals ($189k). Over the past 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 19.6%, from $783k in 2018 to $1.92M in 2023.

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

Romania-Ethiopia Trade: In 2023, Romania exported $29.6M to Ethiopia. The main products that Romania exported to Ethiopia were Wheat ($26.3M), Electrical Control Boards ($1.44M), and Packaged Medicaments ($431k). Over the past 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 24.2%,  from $119M in 2018 to $29.6M in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ethiopia exported $1.92M to Romania. The main products exported from Ethiopia to Romania were Dried Legumes ($1.06M), Coffee ($485k), and Polyacetals ($189k). During the last 5 years the exports of Ethiopia to Romania have increased at an annualized rate of 19.6%, from $783k in 2018 to $1.92M in 2023.

In 2018, Romania exported $29.6M to Ethiopia. The main products exported from Romania to Ethiopia were Wheat ($26.3M), Electrical Control Boards ($1.44M), and Packaged Medicaments ($431k). During the last 5 years the exports of Romania to Ethiopia have decreased at an annualized rate of 24.2%, from $119M in 2023 to $29.6M in 2018.

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

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

Latest Data

Trade between Ethiopia (Flag) and Romania (Flag)

Ethiopia Exports

Romania Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Romania
Top Destination
Germany$19.9B

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

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

In 2023, countries that imported more from Romania than Ethiopia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Ethiopia - Romania

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Romania in the exports of Vegetable Products ($1.59M), Plastics and Rubbers ($302k), and Textiles ($12.1k).

During 2018, Romania had a large net trade with Ethiopia in the exports of Vegetable Products ($26.3M), Machines ($1.97M), and Chemical Products ($657k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Romania+$251kDried Legumes
Top Product Potential Romania Ethiopia+$6.81MWheat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with