Russia (RUS) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Ethiopia (ETH) Trade

2022

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Exports $39.1MRnk 98 / 138

2022

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About

Russia-Ethiopia In 2022, Russia exported $39.1M to Ethiopia. The main products that Russia exported to Ethiopia are Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). During the last 27 years the exports of Russia to Ethiopia have increased at an annualized rate of 12.7%, from $1.57M in 1995 to $39.1M in 2022.

In 2020, Russia exported services to Ethiopia worth $6.73M, with Other business services ($4.79M), Transportation ($1.9M), and Financial services ($22k) being the largest in terms of value.

Ethiopia-Russia In 2022, Ethiopia exported $13.7M to Russia. The main products that Ethiopia exported to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). During the last 27 years the exports of Ethiopia to Russia have increased at an annualized rate of 32.8%, from $6.4k in 1995 to $13.7M in 2022.

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

Comparison In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.22M and imported $1.65M from Ethiopia, resulting in a negative trade balance of $428k. Between January 2021 and January 2022 the exports of Russia have decreased by $-3.66M (-75%) from $4.88M to $1.22M, while imports increased by $539k (48.7%) from $1.11M to $1.65M.

Trade In January 2022, the top exports of Russia to Ethiopia were Hot-Rolled Iron ($4.88M). In January 2022 the top imports of Russia from Ethiopia were Coffee ($634k), Perfume Plants ($130k), Knit T-shirts ($71.2k), Dried Legumes ($62k), and Cut Flowers ($61.6k).

Origins In January 2022 the exports of Russia were mainly from NIZHNY NOVGOROD REGION ($1.1M), VOLOGDA REGION ($111k), PERM TERRITORY ($4.19k), and RYAZAN REGION ($2.24k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($1.34M), MOSCOW REGION ($120k), VLADIMIR REGION ($83.9k), ST. PETERSBURG ($42.9k), and SARATOV REGION ($20.4k).

Growth In January 2022, the decrease in Russia's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in . In January 2022, the increase in Russia's year-by-year imports from Ethiopia was explained primarily by an increase in product imports in Dried Legumes ($17.3k or 38.8%), Knit T-shirts ($16.2k or 29.4%), and Knit Sweaters ($13.7k or 254%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$-3.66M(-75%)

IMPORT GROWTH (January 2021 - January 2022)$539k(48.7%)

MAIN EXPORTER (January 2022)NIZHNY NOVGOROD REGION$1.1M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Ethiopia and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $39.1M to Ethiopia. The main products exported from Russia to Ethiopia were Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). During the last 27 years the exports of Russia to Ethiopia have increased at an annualized rate of 12.7%, from $1.57M in 1995 to $39.1M in 2022.

In 2022, Ethiopia exported $13.7M to Russia. The main products exported from Ethiopia to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). During the last 26 years the exports of Ethiopia to Russia have increased at an annualized rate of 32.8%, from $6.4k in 1996 to $13.7M in 2022.

Exports from Russia () to Ethiopia () (2022)

Exports from Ethiopia () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2021, countries that imported more from Russia than Ethiopia were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Ethiopia than Russia were Saudi Arabia ($268M), Somalia ($265M), and Djibouti ($86.8M).

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

Comparative Advantage Russia - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Ethiopia in the exports of Vegetable Products ($25.7M), Metals ($8.53M), and Paper Goods ($1.87M).

During 2022, Ethiopia had a large net trade with Russia in the exports of Vegetable Products ($13.6M), Animal Hides ($42.5k), and Plastics and Rubbers ($10.6k).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Ethiopia worth $6.73M, with Other business services ($4.79M), Transportation ($1.9M), and Financial services ($22k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Ethiopia () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Russia has comparative advantage over Ethiopia. Similarly, the more yellow a dot/product is, the more Ethiopia has comparative advantage over Russia.

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

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