Ethiopia (ETH) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Ethiopia-Singapore Trade: In 2023, Ethiopia exported $117M to Singapore. The main products that Ethiopia exported to Singapore were Aircraft parts (gliders, balloons, and powered aircraft) ($52.8M), Dried Legumes ($21.4M), and Other Oily Seeds ($18.8M). Over the past 5 years the exports of Ethiopia to Singapore have increased at an annualized rate of 54.4%, from $13.4M in 2018 to $117M in 2023.

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

Singapore-Ethiopia Trade: In 2023, Singapore exported $85.3M to Ethiopia. The main products that Singapore exported to Ethiopia were Gas Turbines ($46.3M), Refined Petroleum ($18.2M), and Pesticides ($4.54M). Over the past 5 years the exports of Singapore to Ethiopia have decreased at an annualized rate of 5.71%, from $206M in 2018 to $85.3M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $117M to Singapore. The main products exported from Ethiopia to Singapore were Aircraft parts (gliders, balloons, and powered aircraft) ($52.8M), Dried Legumes ($21.4M), and Other Oily Seeds ($18.8M). During the last 5 years the exports of Ethiopia to Singapore have increased at an annualized rate of 54.4%, from $13.4M in 2018 to $117M in 2023.

In 2018, Singapore exported $85.3M to Ethiopia. The main products exported from Singapore to Ethiopia were Gas Turbines ($46.3M), Refined Petroleum ($18.2M), and Pesticides ($4.54M). During the last 5 years the exports of Singapore to Ethiopia have decreased at an annualized rate of 5.71%, from $206M in 2023 to $85.3M in 2018.

Exports from Ethiopia () to Singapore () (2023)

Exports from Singapore () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Singapore ()

Ethiopia Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Ethiopia than Singapore included Somalia ($142M), Sudan ($52.8M), and Yemen ($31.7M).

In 2023, countries that imported more from Singapore than Ethiopia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Ethiopia - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Singapore in the exports of Vegetable Products ($59.6M), Transportation ($52.8M), and Mineral Products ($2.58M).

During 2018, Singapore had a large net trade with Ethiopia in the exports of Machines ($52.2M), Mineral Products ($18.7M), and Chemical Products ($6.81M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Singapore+$3.72MCoffee

Top Product Potential Singapore Ethiopia+$3.54MGas Turbines

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Singapore () (2023)

Exports from Singapore () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Singapore ()

Ethiopia Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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