2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP
$127BCURRENT US$
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2012-2022
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GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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2022
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GDP PC
$1,028CURRENT US$
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2012-2022
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GDP PC GROWTH
124%CURRENT US$
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About

Saudi Arabia-Ethiopia Trade: In 2022, Saudi Arabia exported $423M to Ethiopia. The main products that Saudi Arabia exported to Ethiopia were Refined Petroleum ($278M), Propylene Polymers ($70.4M), and Ethylene Polymers ($58M). Over the past 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 25.9%, from $134M in 2017 to $423M in 2022.

In 2022, Saudi Arabia did not export any services to Ethiopia.

Ethiopia-Saudi Arabia Trade: In 2022, Ethiopia exported $190M to Saudi Arabia. The main products that Ethiopia exported to Saudi Arabia were Coffee ($208M), Sheep and Goat Meat ($34.3M), and Cut Flowers ($19.3M). Over the past 5 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 37.5%,  from $38.7M in 2017 to $190M in 2022.

In 2022, Ethiopia did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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
Value

In 2022, Saudi Arabia exported $423M to Ethiopia. The main products exported from Saudi Arabia to Ethiopia were Refined Petroleum ($278M), Propylene Polymers ($70.4M), and Ethylene Polymers ($58M). During the last 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 25.9%, from $134M in 2017 to $423M in 2022.

In 2017, Ethiopia exported $190M to Saudi Arabia. The main products exported from Ethiopia to Saudi Arabia were Coffee ($208M), Sheep and Goat Meat ($34.3M), and Cut Flowers ($19.3M). During the last 22 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 37.5%, from $38.7M in 1995 to $190M in 2017.

Exports from Saudi Arabia (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Ethiopia (Flag)

Saudi Arabia Exports

Ethiopia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from Saudi Arabia than Ethiopia included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Ethiopia than Saudi Arabia included Somalia ($265M), Djibouti ($86.8M), and Israel ($85.2M).

Difference in imports from Ethiopia (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Ethiopia

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Ethiopia in the exports of Mineral Products ($279M), Plastics and Rubbers ($153M), and Chemical Products ($13.7M).

During 2017, Ethiopia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($233M), Animal Products ($34.4M), and Textiles ($441k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Ethiopia+$33.9MRefined Petroleum
Top Product Potential Ethiopia Saudi Arabia+$2.8MCut Flowers

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

Product Space of Saudi Arabia (Flag) and Ethiopia (Flag) (2022)

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