2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 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
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
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GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Ethiopia-Thailand Trade: In 2023, Ethiopia exported $10.6M to Thailand. The main products that Ethiopia exported to Thailand were Synthetic Filament Yarn Woven Fabric ($2.22M), Niobium, Tantalum, Vanadium and Zirconium Ore ($2.08M), and Dried Legumes ($2.06M). Over the past 5 years the exports of Ethiopia to Thailand have increased at an annualized rate of 6.93%, from $7.59M in 2018 to $10.6M in 2023.

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

Thailand-Ethiopia Trade: In 2023, Thailand exported $104M to Ethiopia. The main products that Thailand exported to Ethiopia were Processed Fish ($14.5M), Vinyl Chloride Polymers ($9.01M), and Cars ($7.21M). Over the past 5 years the exports of Thailand to Ethiopia have decreased at an annualized rate of 8.23%,  from $160M in 2018 to $104M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Latest Data

Trade between Ethiopia (Flag) and Thailand (Flag)

Ethiopia Exports

Thailand Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Thailand
Top Destination
United States$58.5B

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 2023, countries that imported more from Ethiopia than Thailand included Djibouti ($155M), Somalia ($142M), and Sudan ($52.8M).

In 2023, countries that imported more from Thailand than Ethiopia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

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.

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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) (NaN)

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