Vietnam (VNM) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Vietnam-Ethiopia Trade: In 2022, Vietnam exported $35.4M to Ethiopia. The main products that Vietnam exported to Ethiopia were Ethylene Polymers ($3.99M), Broadcasting Equipment ($3.3M), and Propylene Polymers ($2.57M). Over the past 5 years the exports of Vietnam to Ethiopia have decreased at an annualized rate of 3.51%, from $42.4M in 2017 to $35.4M in 2022.

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

Ethiopia-Vietnam Trade: In 2022, Ethiopia exported $38.8M to Vietnam. The main products that Ethiopia exported to Vietnam were Other Oily Seeds ($21.4M), Dried Legumes ($8.42M), and Tanned Sheep Hides ($2.39M). Over the past 5 years the exports of Ethiopia to Vietnam have decreased at an annualized rate of 10.2%, from $66.7M in 2017 to $38.8M in 2022.

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

Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $35.4M to Ethiopia. The main products exported from Vietnam to Ethiopia were Ethylene Polymers ($3.99M), Broadcasting Equipment ($3.3M), and Propylene Polymers ($2.57M). During the last 5 years the exports of Vietnam to Ethiopia have decreased at an annualized rate of 3.51%, from $42.4M in 2017 to $35.4M in 2022.

In 2017, Ethiopia exported $38.8M to Vietnam. The main products exported from Ethiopia to Vietnam were Other Oily Seeds ($21.4M), Dried Legumes ($8.42M), and Tanned Sheep Hides ($2.39M). During the last 5 years the exports of Ethiopia to Vietnam have decreased at an annualized rate of 10.2%, from $66.7M in 2022 to $38.8M in 2017.

Exports from Vietnam () to Ethiopia () (2022)

Exports from Ethiopia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Ethiopia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Vietnam than Ethiopia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Comparative Advantage Vietnam - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Ethiopia in the exports of Plastics and Rubbers ($10.9M), Machines ($8.78M), and Chemical Products ($6.68M).

During 2017, Ethiopia had a large net trade with Vietnam in the exports of Vegetable Products ($32M), Animal Hides ($4.04M), and Animal Products ($768k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Ethiopia+$9.38MTelephones

Top Product Potential Ethiopia Vietnam+$4.18MDried Legumes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Ethiopia () (2022)

Exports from Ethiopia () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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