2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Ethiopia-Thailand Trade: In 2022, Ethiopia exported $7.96M to Thailand. The main products that Ethiopia exported to Thailand were Synthetic Filament Yarn Woven Fabric ($3.33M), Dried Legumes ($2.72M), and Light Rubberized Knitted Fabric ($929k). Over the past 5 years the exports of Ethiopia to Thailand have increased at an annualized rate of 6.8%, from $5.73M in 2017 to $7.96M in 2022.

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

Thailand-Ethiopia Trade: In 2022, Thailand exported $102M to Ethiopia. The main products that Thailand exported to Ethiopia were Cars ($25.1M), Ethylene Polymers ($9.18M), and Rubber ($7.04M). Over the past 5 years the exports of Thailand to Ethiopia have decreased at an annualized rate of 2.63%,  from $130M in 2017 to $102M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $7.96M to Thailand. The main products exported from Ethiopia to Thailand were Synthetic Filament Yarn Woven Fabric ($3.33M), Dried Legumes ($2.72M), and Light Rubberized Knitted Fabric ($929k). During the last 5 years the exports of Ethiopia to Thailand have increased at an annualized rate of 6.8%, from $5.73M in 2017 to $7.96M in 2022.

In 2017, Thailand exported $102M to Ethiopia. The main products exported from Thailand to Ethiopia were Cars ($25.1M), Ethylene Polymers ($9.18M), and Rubber ($7.04M). During the last 5 years the exports of Thailand to Ethiopia have decreased at an annualized rate of 2.63%, from $130M in 2022 to $102M in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Thailand (Flag)

Ethiopia Exports

Thailand Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than Ethiopia included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Ethiopia - Thailand

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Thailand in the exports of Textiles ($4.41M), Vegetable Products ($2.82M), and Precious Metals ($389k).

During 2017, Thailand had a large net trade with Ethiopia in the exports of Transportation ($32.1M), Plastics and Rubbers ($28.8M), and Machines ($9.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Thailand+$1.44MDried Legumes
Top Product Potential Thailand Ethiopia+$13.3MCars

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

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

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