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Pricing

2022
Flag → Flag
Exports $43.3MRnk 132 / 218
2022
Flag → Flag
Top Product $4.4MDelivery Trucks
2022
Flag → Flag
Exports $31.8MRnk 24 / 158
2022
Flag → Flag
Top Product $8.24MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Spain-Ethiopia Trade: In 2022, Spain exported $43.3M to Ethiopia. The main products that Spain exported to Ethiopia were Delivery Trucks ($4.4M), Garden Tools ($3.14M), and Non-Retail Combed Wool Yarn ($2.5M). Over the past 5 years the exports of Spain to Ethiopia have decreased at an annualized rate of 19.8%, from $131M in 2017 to $43.3M in 2022.

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

Ethiopia-Spain Trade: In 2022, Ethiopia exported $31.8M to Spain. The main products that Ethiopia exported to Spain were Coffee ($8.24M), Knit Sweaters ($6.64M), and Soybean Meal ($2.99M). Over the past 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 17.1%,  from $14.4M in 2017 to $31.8M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €2M and imported €3.55M from Ethiopia, resulting in a negative trade balance of €1.55M. Between September 2023 and September 2024 the exports of Spain have decreased by €-2.47M (-55.2%) from €4.47M to €2M, while imports increased by €1.67M (88.5%) from €1.88M to €3.55M.

Trade In September 2024, the top exports of Spain to Ethiopia were Liquid Dispersing Machines (€733k), Nitrogenous Fertilizers (€527k), Unglazed Ceramics (€234k), Air Pumps (€191k), and Non-Retail Synthetic Filament Yarn (€134k). In September 2024 the top imports of Spain from Ethiopia were Knit Sweaters (€652k), Coffee (€600k), Dried Legumes (€178k), Other live plants, cuttings and slips; mushroom... (€76.1k), and Knit Babies' Garments (€22k).

Origins In September 2024 the exports of Spain were mainly from Barcelona (€382k), Ciudad Real (€356k), Álava (€248k), Castellón (€229k), and Navarra (€195k), while imports destinations were mainly Barcelona (€1.15M), Madrid (€559k), Cádiz (€550k), Pontevedra (€302k), and Valencia (€218k).

Growth In September 2024, the decrease in Spain's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Blank Audio Media (€-252k or -89.3%), Other Furniture (€-30.4k or -69.9%), and Zippers (€-7.43k or -98.4%). In September 2024, the increase in Spain's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Knit Sweaters (€503k or 338%), Coffee (€35.5k or 6.29%), and Dried Legumes (€26.1k or 17.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€-2.47M(-55.2%)
IMPORT GROWTH (September 2023 - September 2024)€1.67M(88.5%)
MAIN EXPORTER (September 2024)Barcelona€382k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Ethiopia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $43.3M to Ethiopia. The main products exported from Spain to Ethiopia were Delivery Trucks ($4.4M), Garden Tools ($3.14M), and Non-Retail Combed Wool Yarn ($2.5M). During the last 5 years the exports of Spain to Ethiopia have decreased at an annualized rate of 19.8%, from $131M in 2017 to $43.3M in 2022.

In 2017, Ethiopia exported $31.8M to Spain. The main products exported from Ethiopia to Spain were Coffee ($8.24M), Knit Sweaters ($6.64M), and Soybean Meal ($2.99M). During the last 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 17.1%, from $14.4M in 2022 to $31.8M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Spain than Ethiopia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Ethiopia than Spain included Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

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

Comparative Advantage Spain - Ethiopia

Flow
Scale

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

During 2022, Spain had a large net trade with Ethiopia in the exports of Chemical Products ($9.35M), Transportation ($5.97M), and Metals ($4.78M).

During 2017, Ethiopia had a large net trade with Spain in the exports of Textiles ($14.7M), Vegetable Products ($12.7M), and Foodstuffs ($2.99M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Ethiopia+$3.9MDelivery Trucks
Top Product Potential Ethiopia Spain+$13.6MCoffee

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 Spain and Ethiopia. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Ethiopia (Flag) (2022)

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