Ethiopia / South Korea

Ethiopia-South Korea Trade: In 2022, Ethiopia exported $123M to South Korea. The main products that Ethiopia exported to South Korea were Coffee ($111M), Non-Knit Women's Coats ($2.74M), and Cut Flowers ($2.12M). Over the past 5 years the exports of Ethiopia to South Korea have increased at an annualized rate of 13.1%, from $66.4M in 2017 to $123M in 2022.

In 2022, Ethiopia did not export any services to South Korea.

South Korea-Ethiopia Trade: In 2022, South Korea exported $128M to Ethiopia. The main products that South Korea exported to Ethiopia were Large Construction Vehicles ($29.5M), Cars ($8.99M), and Rice ($8.79M). Over the past 5 years the exports of South Korea to Ethiopia have decreased at an annualized rate of 6.74%,  from $181M in 2017 to $128M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).