Overview In 2020 Ethiopia was the number 59 economy in the world in terms of GDP (current US$), the number 127 in total exports, the number 92 in total imports, the number 173 economy in terms of GDP per capita (current US$) and the number 97 most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Ethiopia are Coffee ($860M), Other Oily Seeds ($384M), Gas Turbines ($328M), Other Vegetables ($261M), and Gold ($194M), exporting mostly to United States ($409M), Somalia ($294M), Hong Kong ($253M), United Arab Emirates ($247M), and Saudi Arabia ($203M).

Imports The top imports of Ethiopia are Refined Petroleum ($1.24B), Gas Turbines ($532M), Planes, Helicopters, and/or Spacecraft ($406M), Wheat ($320M), and Packaged Medicaments ($317M), importing mostly from China ($2.75B), India ($903M), United Arab Emirates ($798M), United States ($554M), and Kuwait ($530M).

Location Ethiopia borders Djibouti, Eritrea, Kenya, Somalia, South Sudan, and Sudan by land.

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The following section uses the most recent trade data from partners of Ethiopia.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Coffee, $860M

Top Destination (2020): United States, $2.75B

In 2020, Ethiopia exported a total of $3.5B, making it the number 127 exporter in the world. During the last five reported years the exports of Ethiopia have changed by $484M from $3.02B in 2015 to $3.5B in 2020.

The most recent exports are led by Coffee ($860M), Other Oily Seeds ($384M), Gas Turbines ($328M), Other Vegetables ($261M), and Gold ($194M). The most common destination for the exports of Ethiopia are United States ($409M), Somalia ($294M), Hong Kong ($253M), United Arab Emirates ($247M), and Saudi Arabia ($203M).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Ethiopia Exports Services (2018): $4.92B

Ethiopia Imports Services (2018): $6.2B

In 2018, Ethiopia exported $4.92B worth of services. The top services exported by Ethiopia in 2018 were Transportation ($3.26B), Personal travel ($591M), Government services, n.i.e. ($410M), Business travel ($377M), and Other business services ($128M).

The top services imported by Ethiopia in 2018 were Transportation ($4.08B), Construction services ($479M), Other business services ($466M), Business travel ($336M), and Personal travel ($276M).

Economic Complexity

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Most Specialized Products by RCA Index

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Ethiopia has a high level of specialization in Other Oily Seeds (323), Cassava (135), Tanned Sheep Hides (134), Coffee (134), and Cut Flowers (108). Specialization is measured using RCA, an index that takes the ratio between Ethiopia observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Ethiopia according to the relatedness index, are Crustaceans (0.17), Cocoa Beans (0.17), Non-Knit Women's Undergarments (0.17), Melons (0.17), and Raw Tobacco (0.17). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Ethiopia is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Ethiopia. These are products that tend to be co-exported with the products that Ethiopia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking

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During the last 9 years Ethiopia's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨102nd to the 97th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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