Ethiopia (ETH) and Greece (GRC) Trade | The Observatory of Economic Complexity

About

Ethiopia-Greece Trade: In 2022, Ethiopia exported $7.74M to Greece. The main products that Ethiopia exported to Greece were Coffee ($4.9M), Other Oily Seeds ($2.1M), and Insect Resins ($481k). Over the past 5 years the exports of Ethiopia to Greece have decreased at an annualized rate of 0.015%, from $7.75M in 2017 to $7.74M in 2022.

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

Greece-Ethiopia Trade: In 2022, Greece exported $13.1M to Ethiopia. The main products that Greece exported to Ethiopia were Computers ($2.67M), Pesticides ($2.51M), and Refined Petroleum ($2.29M). Over the past 5 years the exports of Greece to Ethiopia have decreased at an annualized rate of 10.4%, from $22.7M in 2017 to $13.1M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $7.74M to Greece. The main products exported from Ethiopia to Greece were Coffee ($4.9M), Other Oily Seeds ($2.1M), and Insect Resins ($481k). During the last 5 years the exports of Ethiopia to Greece have decreased at an annualized rate of 0.015%, from $7.75M in 2017 to $7.74M in 2022.

In 2017, Greece exported $13.1M to Ethiopia. The main products exported from Greece to Ethiopia were Computers ($2.67M), Pesticides ($2.51M), and Refined Petroleum ($2.29M). During the last 5 years the exports of Greece to Ethiopia have decreased at an annualized rate of 10.4%, from $22.7M in 2022 to $13.1M in 2017.

Exports from Ethiopia () to Greece () (2022)

Exports from Greece () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Greece ()

Ethiopia Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Greece
Top DestinationItaly$5.82B

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

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

In 2022, countries that imported more from Greece than Ethiopia included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Ethiopia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Greece in the exports of Vegetable Products ($7.53M), Animal and Vegetable Bi-Products ($138k), and Plastics and Rubbers ($21.3k).

During 2017, Greece had a large net trade with Ethiopia in the exports of Machines ($5.48M), Chemical Products ($3.63M), and Mineral Products ($2.29M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Greece+$5.91MCoffee

Top Product Potential Greece Ethiopia+$5.71MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Greece () (2022)

Exports from Greece () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Greece ()

Ethiopia Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Greece

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring