2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Singapore-Ethiopia Trade: In 2023, Singapore exported $85.3M to Ethiopia. The main products that Singapore exported to Ethiopia were Gas Turbines ($46.3M), Refined Petroleum ($18.2M), and Pesticides ($4.54M). Over the past 5 years the exports of Singapore to Ethiopia have decreased at an annualized rate of 16.2%, from $206M in 2018 to $85.3M in 2023.

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

Ethiopia-Singapore Trade: In 2023, Ethiopia exported $117M to Singapore. The main products that Ethiopia exported to Singapore were Aircraft parts (gliders, balloons, and powered aircraft) ($52.8M), Dried Legumes ($21.4M), and Other Oily Seeds ($18.8M). Over the past 5 years the exports of Ethiopia to Singapore have increased at an annualized rate of 54.4%,  from $13.4M in 2018 to $117M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $85.3M to Ethiopia. The main products exported from Singapore to Ethiopia were Gas Turbines ($46.3M), Refined Petroleum ($18.2M), and Pesticides ($4.54M). During the last 5 years the exports of Singapore to Ethiopia have decreased at an annualized rate of 16.2%, from $206M in 2018 to $85.3M in 2023.

In 2018, Ethiopia exported $117M to Singapore. The main products exported from Ethiopia to Singapore were Aircraft parts (gliders, balloons, and powered aircraft) ($52.8M), Dried Legumes ($21.4M), and Other Oily Seeds ($18.8M). During the last 5 years the exports of Ethiopia to Singapore have increased at an annualized rate of 54.4%, from $13.4M in 2023 to $117M in 2018.

Exports from Singapore (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Ethiopia (Flag)

Singapore Exports

Ethiopia Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Singapore than Ethiopia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Ethiopia than Singapore included Somalia ($142M), Sudan ($52.8M), and Yemen ($31.7M).

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

Comparative Advantage Singapore - Ethiopia

Flow
Scale

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

During 2023, Singapore had a large net trade with Ethiopia in the exports of Machines ($52.2M), Mineral Products ($18.7M), and Chemical Products ($6.81M).

During 2018, Ethiopia had a large net trade with Singapore in the exports of Vegetable Products ($59.6M), Transportation ($52.8M), and Mineral Products ($2.58M).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Ethiopia (Flag) (2023)

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