2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Ethiopia-Portugal Trade: In 2023, Ethiopia exported $8.52M to Portugal. The main products that Ethiopia exported to Portugal were Dried Legumes ($4.03M), Flax Yarn ($3.7M), and Coffee ($485k). Over the past 5 years the exports of Ethiopia to Portugal have increased at an annualized rate of 1.12%, from $8.05M in 2018 to $8.52M in 2023.

In 2023, Ethiopia did not export any services to Portugal.

Portugal-Ethiopia Trade: In 2023, Portugal exported $9.14M to Ethiopia. The main products that Portugal exported to Ethiopia were Packaged Medicaments ($4.27M), Electric Motors ($1.1M), and Electric Generating Sets ($774k). Over the past 5 years the exports of Portugal to Ethiopia have decreased at an annualized rate of 14.6%,  from $20.2M in 2018 to $9.14M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ethiopia exported $8.52M to Portugal. The main products exported from Ethiopia to Portugal were Dried Legumes ($4.03M), Flax Yarn ($3.7M), and Coffee ($485k). During the last 5 years the exports of Ethiopia to Portugal have increased at an annualized rate of 1.12%, from $8.05M in 2018 to $8.52M in 2023.

In 2018, Portugal exported $9.14M to Ethiopia. The main products exported from Portugal to Ethiopia were Packaged Medicaments ($4.27M), Electric Motors ($1.1M), and Electric Generating Sets ($774k). During the last 5 years the exports of Portugal to Ethiopia have decreased at an annualized rate of 14.6%, from $20.2M in 2023 to $9.14M in 2018.

Exports from Ethiopia (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Ethiopia (Flag) (2023)

Latest Data

Trade between Ethiopia (Flag) and Portugal (Flag)

Ethiopia Exports

Portugal Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Portugal
Top Destination
Spain$17.7B

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

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

In 2023, countries that imported more from Portugal than Ethiopia included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Ethiopia (Flag) (2023)

Comparative Advantage Ethiopia - Portugal

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Portugal in the exports of Vegetable Products ($4.62M), Textiles ($3.89M), and Machines ($1.35k).

During 2018, Portugal had a large net trade with Ethiopia in the exports of Chemical Products ($4.93M), Machines ($2.86M), and Metals ($714k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Portugal+$2.99MCoffee
Top Product Potential Portugal Ethiopia+$1.51MPackaged Medicaments

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

Product Space of Ethiopia (Flag) and Portugal (Flag) (2023)

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