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Pricing

2023
Flag → Flag
Exports $69MRnk 126 / 220
2023
Flag → Flag
Top Product $5.03MDelivery Trucks
2023
Flag → Flag
Exports $25.1MRnk 31 / 161
2023
Flag → Flag
Top Product $9.89MCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
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GDP GROWTH244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Spain-Ethiopia Trade: In 2023, Spain exported $69M to Ethiopia. The main products that Spain exported to Ethiopia were Delivery Trucks ($5.03M), Raw Zinc ($3.78M), and Mixed Mineral or Chemical Fertilizers ($3.73M). Over the past 5 years the exports of Spain to Ethiopia have increased at an annualized rate of 0.69%, from $66.6M in 2018 to $69M in 2023.

In 2023, Spain did not export any services to Ethiopia.

Ethiopia-Spain Trade: In 2023, Ethiopia exported $25.1M to Spain. The main products that Ethiopia exported to Spain were Coffee ($9.89M), Knit Sweaters ($6.76M), and Non-Knit Active Wear ($1.42M). Over the past 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 5.97%,  from $18.8M in 2018 to $25.1M in 2023.

In 2023, Ethiopia did not export any services to Spain.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €5.26M and imported €1.75M from Ethiopia, resulting in a positive trade balance of €3.52M. Between December 2023 and December 2024 the exports of Spain have increased by €1.94M (58.2%) from €3.33M to €5.26M, while imports decreased by €-238k (-12%) from €1.99M to €1.75M.

Trade In December 2024, the top exports of Spain to Ethiopia were Pesticides (€668k), Delivery Trucks (€276k), Cigarette Paper (€271k), Olive Oil (€231k), and Poultry (€226k). In December 2024 the top imports of Spain from Ethiopia were Coffee (€289k), Knit Sweaters (€267k), Other live plants, cuttings and slips; mushroom... (€159k), Non-Knit Women's Suits (€137k), and Knit T-shirts (€88.4k).

Origins In December 2024 the exports of Spain were mainly from Vizcaya (€2.73M), Barcelona (€707k), Madrid (€432k), Ciudad Real (€379k), and Sevilla (€317k), while imports destinations were mainly Barcelona (€647k), Madrid (€348k), Málaga (€254k), Pontevedra (€211k), and Vizcaya (€124k).

Growth In December 2024, the increase in Spain's year-by-year exports to Ethiopia was explained primarily by an increase in product exports in Cigarette Paper (€174k or 179%), Poultry (€141k or 167%), and Cleaning Products (€108k or 5.02k%). In December 2024, the decrease in Spain's year-by-year imports  from Ethiopia was explained primarily by an decrease in product imports  in Knit Sweaters (€-384k or -59%), Coffee (€-311k or -51.8%), and Other Knit Garments (€-1.69k or -93.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€1.94M(58.2%)
IMPORT GROWTH (December 2023 - December 2024)€-238k(-12%)
MAIN EXPORTER (December 2024)Vizcaya€2.73M

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 2023, Spain exported $69M to Ethiopia. The main products exported from Spain to Ethiopia were Delivery Trucks ($5.03M), Raw Zinc ($3.78M), and Mixed Mineral or Chemical Fertilizers ($3.73M). During the last 5 years the exports of Spain to Ethiopia have increased at an annualized rate of 0.69%, from $66.6M in 2018 to $69M in 2023.

In 2018, Ethiopia exported $25.1M to Spain. The main products exported from Ethiopia to Spain were Coffee ($9.89M), Knit Sweaters ($6.76M), and Non-Knit Active Wear ($1.42M). During the last 5 years the exports of Ethiopia to Spain have increased at an annualized rate of 5.97%, from $18.8M in 2023 to $25.1M in 2018.

Exports from Spain (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Ethiopia
Top DestinationUnited States$487M

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 2023, countries that imported more from Spain than Ethiopia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Ethiopia than Spain included Djibouti ($155M), Somalia ($142M), and Sudan ($52.8M).

Difference in imports from Ethiopia (Flag) and Spain (Flag) (2023)

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 2023, Spain had a large net trade with Ethiopia in the exports of Chemical Products ($15.9M), Machines ($12M), and Metals ($9.92M).

During 2018, Ethiopia had a large net trade with Spain in the exports of Vegetable Products ($12M), Textiles ($11.4M), and Animal and Vegetable Bi-Products ($1.16M).

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) (2023)

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