Ethiopia (ETH) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Ethiopia-Vietnam Trade: In 2023, Ethiopia exported $47.9M to Vietnam. The main products that Ethiopia exported to Vietnam were Soybeans ($17M), Dried Legumes ($12.2M), and Other Oily Seeds ($10.8M). Over the past 5 years the exports of Ethiopia to Vietnam have decreased at an annualized rate of 5.13%, from $62.3M in 2018 to $47.9M in 2023.

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

Vietnam-Ethiopia Trade: In 2023, Vietnam exported $46.6M to Ethiopia. The main products that Vietnam exported to Ethiopia were Broadcasting Equipment ($7.43M), Propylene Polymers ($3.5M), and Carbonates ($2.33M). Over the past 5 years the exports of Vietnam to Ethiopia have increased at an annualized rate of 2.01%, from $36M in 2018 to $46.6M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $47.9M to Vietnam. The main products exported from Ethiopia to Vietnam were Soybeans ($17M), Dried Legumes ($12.2M), and Other Oily Seeds ($10.8M). During the last 5 years the exports of Ethiopia to Vietnam have decreased at an annualized rate of 5.13%, from $62.3M in 2018 to $47.9M in 2023.

In 2018, Vietnam exported $46.6M to Ethiopia. The main products exported from Vietnam to Ethiopia were Broadcasting Equipment ($7.43M), Propylene Polymers ($3.5M), and Carbonates ($2.33M). During the last 5 years the exports of Vietnam to Ethiopia have increased at an annualized rate of 2.01%, from $36M in 2023 to $46.6M in 2018.

Exports from Ethiopia () to Vietnam () (2023)

Exports from Vietnam () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Vietnam ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Ethiopia than Vietnam included Djibouti ($155M), Somalia ($142M), and South Korea ($116M).

In 2023, countries that imported more from Vietnam than Ethiopia included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Comparative Advantage Ethiopia - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Vietnam in the exports of Vegetable Products ($43M), Animal Hides ($3.65M), and Textiles ($1.07M).

During 2018, Vietnam had a large net trade with Ethiopia in the exports of Machines ($14.6M), Plastics and Rubbers ($11.3M), and Chemical Products ($10M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Vietnam+$4.18MDried Legumes

Top Product Potential Vietnam Ethiopia+$9.38MTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Vietnam () (2023)

Exports from Vietnam () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Vietnam ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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