Ethiopia (ETH) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Ethiopia-Finland Trade: In 2022, Ethiopia exported $6.55M to Finland. The main products that Ethiopia exported to Finland were Coffee ($4.19M), Cut Flowers ($1.91M), and Knotted Carpets ($93.3k). Over the past 5 years the exports of Ethiopia to Finland have decreased at an annualized rate of 2.48%, from $7.43M in 2017 to $6.55M in 2022.

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

Finland-Ethiopia Trade: In 2022, Finland exported $19.8M to Ethiopia. The main products that Finland exported to Ethiopia were Navigation Equipment ($6.02M), Cars ($3.17M), and Special Pharmaceuticals ($3.04M). Over the past 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 9.62%, from $32.9M in 2017 to $19.8M in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $6.55M to Finland. The main products exported from Ethiopia to Finland were Coffee ($4.19M), Cut Flowers ($1.91M), and Knotted Carpets ($93.3k). During the last 5 years the exports of Ethiopia to Finland have decreased at an annualized rate of 2.48%, from $7.43M in 2017 to $6.55M in 2022.

In 2017, Finland exported $19.8M to Ethiopia. The main products exported from Finland to Ethiopia were Navigation Equipment ($6.02M), Cars ($3.17M), and Special Pharmaceuticals ($3.04M). During the last 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 9.62%, from $32.9M in 2022 to $19.8M in 2017.

Exports from Ethiopia () to Finland () (2022)

Exports from Finland () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Finland ()

Ethiopia Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Ethiopia than Finland included United Arab Emirates ($723M), Somalia ($265M), and Djibouti ($86.8M).

In 2022, countries that imported more from Finland than Ethiopia included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

Difference in imports from Finland () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Finland in the exports of Vegetable Products ($6.12M), Textiles ($395k), and Foodstuffs ($25.1k).

During 2017, Finland had a large net trade with Ethiopia in the exports of Machines ($8.13M), Instruments ($3.31M), and Chemical Products ($3.29M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Finland+$4.71MCoffee

Top Product Potential Finland Ethiopia+$3.32MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Finland. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Ethiopia.

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Finland () (2022)

Exports from Finland () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Finland ()

Ethiopia Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Finland () (2022)

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