Ethiopia (ETH) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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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).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $123M to South Korea. The main products exported from Ethiopia to South Korea were Coffee ($111M), Non-Knit Women's Coats ($2.74M), and Cut Flowers ($2.12M). During the last 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 2017, South Korea exported $128M to Ethiopia. The main products exported from South Korea to Ethiopia were Large Construction Vehicles ($29.5M), Cars ($8.99M), and Rice ($8.79M). During the last 5 years the exports of South Korea to Ethiopia have decreased at an annualized rate of 6.74%, from $181M in 2022 to $128M in 2017.

Exports from Ethiopia () to South Korea () (2022)

Exports from South Korea () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and South Korea ()

Ethiopia Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Ethiopia than South Korea included Somalia ($265M), Djibouti ($86.8M), and South Sudan ($7.98M).

In 2022, countries that imported more from South Korea than Ethiopia included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Ethiopia () (2022)

Comparative Advantage Ethiopia - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with South Korea in the exports of Vegetable Products ($115M), Textiles ($7.24M), and Animal Products ($327k).

During 2017, South Korea had a large net trade with Ethiopia in the exports of Machines ($52.2M), Plastics and Rubbers ($26.1M), and Chemical Products ($18.4M).

Potential Exports

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to South Korea () (2022)

Exports from South Korea () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and South Korea ()

Ethiopia Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Ethiopia () (2022)

Comparative Advantage Ethiopia - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and South Korea () (2022)

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