Finland (FIN) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

About

Finland-Ethiopia Trade: In 2022, Finland exported $19.8M to Ethiopia. The main products that Finland exported to Ethiopia were Navigation Equipment ($6.02M), Cars ($3.17M), and Special Pharmaceuticals ($3.04M). Over the past 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 9.62%, from $32.9M in 2017 to $19.8M in 2022.

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

Ethiopia-Finland Trade: In 2022, Ethiopia exported $6.55M to Finland. The main products that Ethiopia exported to Finland were Coffee ($4.19M), Cut Flowers ($1.91M), and Knotted Carpets ($93.3k). Over the past 5 years the exports of Ethiopia to Finland have decreased at an annualized rate of 2.48%, from $7.43M in 2017 to $6.55M in 2022.

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

Comparison: In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $19.8M to Ethiopia. The main products exported from Finland to Ethiopia were Navigation Equipment ($6.02M), Cars ($3.17M), and Special Pharmaceuticals ($3.04M). During the last 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 9.62%, from $32.9M in 2017 to $19.8M in 2022.

In 2017, Ethiopia exported $6.55M to Finland. The main products exported from Ethiopia to Finland were Coffee ($4.19M), Cut Flowers ($1.91M), and Knotted Carpets ($93.3k). During the last 5 years the exports of Ethiopia to Finland have decreased at an annualized rate of 2.48%, from $7.43M in 2022 to $6.55M in 2017.

Exports from Finland () to Ethiopia () (2022)

Exports from Ethiopia () to Finland () (2022)

Latest Data

Trade between Finland () and Ethiopia ()

Finland Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Finland than Ethiopia included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Ethiopia than Finland included United Arab Emirates ($723M), Somalia ($265M), and Djibouti ($86.8M).

Difference in imports from Ethiopia () and Finland () (2022)

Comparative Advantage Finland - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Ethiopia in the exports of Machines ($8.13M), Instruments ($3.31M), and Chemical Products ($3.29M).

During 2017, Ethiopia had a large net trade with Finland in the exports of Vegetable Products ($6.12M), Textiles ($395k), and Foodstuffs ($25.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Ethiopia+$3.32MCars

Top Product Potential Ethiopia Finland+$4.71MCoffee

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Ethiopia () (2022)

Exports from Ethiopia () to Finland () (2022)

Latest Data

Trade between Finland () and Ethiopia ()

Finland Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Finland () (2022)

Comparative Advantage Finland - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Finland () and Ethiopia () (2022)

Keep Exploring