2023
Exports
$232MWorld Rnk 85 / 167
Flag Rnk 5 / 858
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$9.32MWorld Rnk 96 / 174
Flag Rnk 240 / 1137
2023
ECONOMIC COMPLEXITY of Ethiopia
-0.84Rnk 101 / 132

About

Exports In 2023, Ethiopia exported $232M in Gold, making it the 85th largest exporter of Gold in the world. At the same year, Gold was the 5th most exported product in Ethiopia. The main destination of Gold exports from Ethiopia are: United Arab Emirates ($232M), Singapore ($74.9k), and Thailand ($61.5k).

The fastest growing export markets for Gold of Ethiopia between 2022 and 2023 were Singapore ($74.9k) and Thailand ($61.5k).

Imports In 2023, Ethiopia imported $9.32M in Gold, becoming the 96th largest importer of Gold in the world. At the same year, Gold was the 240th most imported product in Ethiopia. Ethiopia imports Gold primarily from: United Arab Emirates ($9.31M), Thailand ($327), and Sweden ($188).

The fastest growing import markets in Gold for Ethiopia between 2022 and 2023 were Thailand ($327) and Sweden ($188).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$232M
IMPORTS (2023)$9.32M
NET TRADE (2023)$223M

In 2023, Ethiopia exported $232M in Gold. The main destinations of Ethiopia exports on Gold were United Arab Emirates ($232M), Singapore ($74.9k), and Thailand ($61.5k).

In 2023, Ethiopia imported $9.32M in Gold, mainly from United Arab Emirates ($9.31M), Thailand ($327), and Sweden ($188).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Ethiopia WERE (2022 - 2023):
Singapore$74.9k (1%)
Thailand$61.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Ethiopia WERE (2022 - 2023):United Arab Emirates-$314M (-57.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ethiopia's main exporting competitors in Gold were:
In 2023, Ethiopia's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $4.14M
TOP IMPORT POTENTIALUnited Arab Emirates+ $3.05M

Gold’s highest export potential is United Arab Emirates. With an export gap of $4.14M.   Gold’s highest import potential is United Arab Emirates with an import gap of $3.05M.

See methodology.

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