2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Ethiopia-Iran Trade: In 2022, Ethiopia exported $2.51M to Iran. The main products that Ethiopia exported to Iran were Dried Legumes ($2.47M), Spices ($21.1k), and Scrap Plastic ($19.2k). Over the past 5 years the exports of Ethiopia to Iran have decreased at an annualized rate of 34.6%, from $21.1M in 2017 to $2.51M in 2022.

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

Iran-Ethiopia Trade: In 2022, Iran exported $2.49M to Ethiopia. The main products that Iran exported to Ethiopia were Petroleum Coke ($1.05M), Baked Goods ($639k), and Yeast ($238k). Over the past 5 years the exports of Iran to Ethiopia have decreased at an annualized rate of 21.3%,  from $8.24M in 2017 to $2.49M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $2.51M to Iran. The main products exported from Ethiopia to Iran were Dried Legumes ($2.47M), Spices ($21.1k), and Scrap Plastic ($19.2k). During the last 5 years the exports of Ethiopia to Iran have decreased at an annualized rate of 34.6%, from $21.1M in 2017 to $2.51M in 2022.

In 2017, Iran exported $2.49M to Ethiopia. The main products exported from Iran to Ethiopia were Petroleum Coke ($1.05M), Baked Goods ($639k), and Yeast ($238k). During the last 5 years the exports of Iran to Ethiopia have decreased at an annualized rate of 21.3%, from $8.24M in 2022 to $2.49M in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Iran (Flag)

Ethiopia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Ethiopia than Iran included United States ($557M), United Arab Emirates ($723M), and Saudi Arabia ($268M).

In 2022, countries that imported more from Iran than Ethiopia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Ethiopia - Iran

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Iran in the exports of Vegetable Products ($2.49M), Plastics and Rubbers ($19.2k), and Textiles ($1.21k).

During 2017, Iran had a large net trade with Ethiopia in the exports of Mineral Products ($1.28M), Foodstuffs ($961k), and Plastics and Rubbers ($74.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Iran+$2.08MDried Legumes
Top Product Potential Iran Ethiopia+$349kPetroleum Coke

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

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

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