Flag Ethiopia

Econ Complexity (2018): -0.92, Rank 111 of 137

Product Exports (2018): $2.41B, Rank 133 of 222

Exports Per Capita (2018): $22.1, Rank 51 of 219

Product Imports (2018): $8.31B, Rank 112 of 221

Imports Per Capita (2018): $76.1, Rank 43 of 219

Service Exports (2018): $4.92B, Rank 43 of 88

Service Imports (2018): $6.2B, Rank 39 of 88

GDP (2018): $84.4B, CURRENT US$
Rank 67 of 196

GDP growth (2008 - 2018): 212%, CURRENT US$
Rank 4 of 196

GDP PC (2018): $772, CURRENT US$
Rank 180 of 196

GDP PC GROWTH (2008 - 2018): 137%, CURRENT US$
Rank 7 of 196

Overview: In 2018 Ethiopia was the number 67 economy in the world in terms of GDP (current US$), the number 133 in total exports, the number 112 in total imports, and the number 111 most complex economy according to the Economic Complexity Index (ECI). In 2018, Ethiopia exported $2.41B and imported $8.31B, resulting in a negative trade balance of -$5.9B. In 2018, Ethiopia's exports per capita were $22.1 and its imports per capita were $76.1.

Trade: The top exports of Ethiopia are Coffee ($836M), Other Oily Seeds ($363M), Cut Flowers ($232M), Dried Legumes ($109M), and Sheep and Goat Meat ($95.1M). The top imports of Ethiopia are Planes, Helicopters, and/or Spacecraft ($659M), Gas Turbines ($418M), Packaged Medicaments ($320M), Non-Knit Men's Suits ($182M), and Wheat ($166M).

Destinations: Ethiopia exports mostly to United States ($372M), China ($329M), Saudi Arabia ($186M), Germany ($166M), and Netherlands ($163M), and imports mostly from China ($2.53B), France ($722M), India ($713M), United Arab Emirates ($681M), and United Kingdom ($362M).

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

Product Exports

#permalink to section
Value
Depth

Top Export (2018): Coffee, $836M

Top Destination (2018): United States, $372M

In 2018 Ethiopia exported a total of $2.41B, making it the number 133 exporter in the world. During the last five reported years the exports of Ethiopia have changed by -$1.6B from $4.02B in 2013 to $2.41B in 2018.

The most recent exports are led by Coffee ($836M), Other Oily Seeds ($363M), Cut Flowers ($232M), Dried Legumes ($109M), and Sheep and Goat Meat ($95.1M). The most common destination for the exports of Ethiopia are United States ($372M), China ($329M), Saudi Arabia ($186M), Germany ($166M), and Netherlands ($163M).

Explore Visualizations

Product Imports

#permalink to section
Value
Depth

Top Import (2018): Planes, Helicopters, and/or Spacecraft, $659M

Top Origin (2018): China, $2.53B

In 2018 Ethiopia imported $8.31B, making it the number 112 trade destination in the world. During the last five reported years the imports of Ethiopia changed by -$3.67B from $12B in 2013 to $8.31B in 2018.

The most recent imports of Ethiopia are led by Planes, Helicopters, and/or Spacecraft ($659M), Gas Turbines ($418M), Packaged Medicaments ($320M), Non-Knit Men's Suits ($182M), and Wheat ($166M). The most common import partners for Ethiopia are China ($2.53B), France ($722M), India ($713M), United Arab Emirates ($681M), and United Kingdom ($362M).

Explore Visualizations

Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

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).

Trade Forecasts

#permalink to section

This section shows forecasts for total product exports and imports for Ethiopia. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Tariffs by Product

#permalink to section

The top product import tariffs by their MFN Ad Valorem value for Ethiopia are Agarbatti, odorifers operated by burning (35%) and Alcoholic liqueurs nes (35%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

Explore Tariff Data

*The tariffs applied to imports for Ethiopia are:
115: Common Market for Eastern and Southern Africa (Group I) FTA Member States
116: Common Market for Eastern and Southern Africa (Group II) Non-FTA Member States
136: Most Favoured Nation duty rate treatement
305: Preferential tariff for Sudan

Economic Complexity

#permalink to section

Economic Complexity Ranking

#permalink to section
Scale

During the last 12 years Ethiopia's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨112th to the 111th⁩ 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.

Explore Rankings

Most Specialized Products by RCA Index

#permalink to section

Ethiopia has a high level of specialization in Other Oily Seeds (539), Tanned Sheep Hides (360), Tanned Goat Hides (337), Coffee (206), and Cut Flowers (196). Specialization is measured using RCA, an index that takes the ratio between Ethiopia observed and expected exports in each product.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Ethiopia according to the product complexity index (PCI) are Air, vacuum pumps, compressors, ventilating fans, etc (1.21), Spark-ignition internal combustion engines (0.67), Ignition/starter equipment, internal combustion engine (0.62), Turbo-jets, turbo-propellers/other gas turbine engines (0.52), and Air conditioning equipment, machinery (0.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Ethiopia according to the relatedness index, are Packing Bags (0.15), Crustaceans (0.15), Non-Knit Active Wear (0.14), Raw Cotton (0.14), and Cotton Waste (0.14). 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 it is currently specialized in.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a 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 emissions.