2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Ethiopia-New Zealand Trade: In 2023, Ethiopia exported $3.05M to New Zealand. The main products that Ethiopia exported to New Zealand were Coffee ($2.99M), Knit Socks and Hosiery ($7.11k), and Non-Knit Women's Suits ($6.01k). Over the past 5 years the exports of Ethiopia to New Zealand have decreased at an annualized rate of 5.1%, from $3.96M in 2018 to $3.05M in 2023.

In 2023, Ethiopia did not export any services to New Zealand.

New Zealand-Ethiopia Trade: In 2023, New Zealand exported $6.09M to Ethiopia. The main products that New Zealand exported to Ethiopia were Concentrated Milk ($4.56M), Iron Structures ($438k), and Computers ($429k). Over the past 5 years the exports of New Zealand to Ethiopia have increased at an annualized rate of 5.17%,  from $4.74M in 2018 to $6.09M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ethiopia exported $3.05M to New Zealand. The main products exported from Ethiopia to New Zealand were Coffee ($2.99M), Knit Socks and Hosiery ($7.11k), and Non-Knit Women's Suits ($6.01k). During the last 5 years the exports of Ethiopia to New Zealand have decreased at an annualized rate of 5.1%, from $3.96M in 2018 to $3.05M in 2023.

In 2018, New Zealand exported $6.09M to Ethiopia. The main products exported from New Zealand to Ethiopia were Concentrated Milk ($4.56M), Iron Structures ($438k), and Computers ($429k). During the last 5 years the exports of New Zealand to Ethiopia have increased at an annualized rate of 5.17%, from $4.74M in 2023 to $6.09M in 2018.

Exports from Ethiopia (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Ethiopia (Flag) (2023)

Latest Data

Trade between Ethiopia (Flag) and New Zealand (Flag)

Ethiopia Exports

New Zealand Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Ethiopia than New Zealand included Djibouti ($155M), Somalia ($142M), and Kenya ($109M).

In 2023, countries that imported more from New Zealand than Ethiopia included China ($12.3B), Australia ($5.2B), and United States ($5.42B).

Difference in imports from New Zealand (Flag) and Ethiopia (Flag) (2023)

Comparative Advantage Ethiopia - New Zealand

Flow
Scale

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

During 2023, Ethiopia had a large net trade with New Zealand in the exports of Vegetable Products ($3M), Textiles ($36.9k), and Foodstuffs ($4.4k).

During 2018, New Zealand had a large net trade with Ethiopia in the exports of Animal Products ($4.57M), Machines ($476k), and Metals ($438k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia New Zealand+$2.36MCoffee
Top Product Potential New Zealand Ethiopia+$1.16MConcentrated Milk

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

Product Space of Ethiopia (Flag) and New Zealand (Flag) (2023)

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