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

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Ethiopia-Finland Trade: In 2023, Ethiopia exported $5.26M to Finland. The main products that Ethiopia exported to Finland were Coffee ($2.94M), Cut Flowers ($2.09M), and Baked Goods ($44.7k). Over the past 5 years the exports of Ethiopia to Finland have increased at an annualized rate of 0.45%, from $5.15M in 2018 to $5.26M in 2023.

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

Finland-Ethiopia Trade: In 2023, Finland exported $8.48M to Ethiopia. The main products that Finland exported to Ethiopia were Navigation Equipment ($1.83M), Special Pharmaceuticals ($1.09M), and Brochures ($1.07M). Over the past 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 5.78%, from $11.4M in 2018 to $8.48M in 2023.

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

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $5.26M to Finland. The main products exported from Ethiopia to Finland were Coffee ($2.94M), Cut Flowers ($2.09M), and Baked Goods ($44.7k). During the last 5 years the exports of Ethiopia to Finland have increased at an annualized rate of 0.45%, from $5.15M in 2018 to $5.26M in 2023.

In 2018, Finland exported $8.48M to Ethiopia. The main products exported from Finland to Ethiopia were Navigation Equipment ($1.83M), Special Pharmaceuticals ($1.09M), and Brochures ($1.07M). During the last 5 years the exports of Finland to Ethiopia have decreased at an annualized rate of 5.78%, from $11.4M in 2023 to $8.48M in 2018.

Exports from Ethiopia () to Finland () (2023)

Exports from Finland () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Finland ()

Ethiopia Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Finland than Ethiopia included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

Difference in imports from Finland () and Ethiopia () (2023)

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 2023, Ethiopia had a large net trade with Finland in the exports of Vegetable Products ($5.08M), Textiles ($123k), and Foodstuffs ($44.8k).

During 2018, Finland had a large net trade with Ethiopia in the exports of Machines ($4.79M), Chemical Products ($1.41M), and Paper Goods ($1.39M).

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 () (2023)

Exports from Finland () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Finland ()

Ethiopia Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Finland () (2023)

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