2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Singapore-Ethiopia Trade: In 2022, Singapore exported $53.7M to Ethiopia. The main products that Singapore exported to Ethiopia were Pesticides ($7.7M), Gas Turbines ($2.68M), and Aircraft Parts ($1.62M). Over the past 5 years the exports of Singapore to Ethiopia have increased at an annualized rate of 57.6%, from $5.53M in 2017 to $53.7M in 2022.

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

Ethiopia-Singapore Trade: In 2022, Ethiopia exported $13.4M to Singapore. The main products that Ethiopia exported to Singapore were Other Oily Seeds ($19.9M), Dried Legumes ($8.14M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.45M). Over the past 5 years the exports of Ethiopia to Singapore have increased at an annualized rate of 385%,  from $4.98k in 2017 to $13.4M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $53.7M to Ethiopia. The main products exported from Singapore to Ethiopia were Pesticides ($7.7M), Gas Turbines ($2.68M), and Aircraft Parts ($1.62M). During the last 5 years the exports of Singapore to Ethiopia have increased at an annualized rate of 57.6%, from $5.53M in 2017 to $53.7M in 2022.

In 2017, Ethiopia exported $13.4M to Singapore. The main products exported from Ethiopia to Singapore were Other Oily Seeds ($19.9M), Dried Legumes ($8.14M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.45M). During the last 22 years the exports of Ethiopia to Singapore have increased at an annualized rate of 385%, from $4.98k in 1995 to $13.4M in 2017.

Exports from Singapore (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Ethiopia (Flag)

Singapore Exports

Ethiopia Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Ethiopia
Top Destination
United Arab Emirates$723M

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 2022, countries that imported more from Singapore than Ethiopia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Ethiopia than Singapore included Somalia ($265M), Djibouti ($86.8M), and Sudan ($39.1M).

Difference in imports from Ethiopia (Flag) and Singapore (Flag) (2022)

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 2022, Singapore had a large net trade with Ethiopia in the exports of Chemical Products ($9.4M), Machines ($4.88M), and Transportation ($2.38M).

During 2017, Ethiopia had a large net trade with Singapore in the exports of Vegetable Products ($34.9M), Mineral Products ($5.45M), and Machines ($1.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Ethiopia+$3.54MGas Turbines
Top Product Potential Ethiopia Singapore+$3.72MCoffee

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 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) (2022)

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