2022
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GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH
193%CURRENT US$
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2022
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 GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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GDP PC 
$1,028CURRENT US$
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2012-2022
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GDP PC GROWTH
124%CURRENT US$
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2022
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GDP PC
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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About

Ethiopia-Russia Trade: In 2022, Ethiopia exported $13.7M to Russia. The main products that Ethiopia exported to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). Over the past 5 years the exports of Ethiopia to Russia have decreased at an annualized rate of 10%, from $23.2M in 2017 to $13.7M in 2022.

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

Russia-Ethiopia Trade: In 2022, Russia exported $39.1M to Ethiopia. The main products that Russia exported to Ethiopia were Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). Over the past 5 years the exports of Russia to Ethiopia have decreased at an annualized rate of 14.5%,  from $85.5M in 2017 to $39.1M in 2022.

In 2020, Russia exported services to Ethiopia worth $6.73M, with Other business services ($4.79M), Transportation ($1.9M), and Financial services ($22k) being the largest in terms of value.

Comparison: In 2022,  Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $13.7M to Russia. The main products exported from Ethiopia to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). During the last 5 years the exports of Ethiopia to Russia have decreased at an annualized rate of 10%, from $23.2M in 2017 to $13.7M in 2022.

In 2017, Russia exported $39.1M to Ethiopia. The main products exported from Russia to Ethiopia were Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). During the last 5 years the exports of Russia to Ethiopia have decreased at an annualized rate of 14.5%, from $85.5M in 2022 to $39.1M in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Russia (Flag)

Ethiopia Exports

Russia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Ethiopia than Russia included Saudi Arabia ($268M), Somalia ($265M), and Djibouti ($86.8M).

In 2022, countries that imported more from Russia than Ethiopia included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Ethiopia - Russia

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Russia in the exports of Vegetable Products ($13.6M), Animal Hides ($42.5k), and Plastics and Rubbers ($10.6k).

During 2017, Russia had a large net trade with Ethiopia in the exports of Vegetable Products ($25.7M), Metals ($8.53M), and Paper Goods ($1.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Russia+$13.9MCoffee
Top Product Potential Russia Ethiopia+$16.1MWheat

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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Bilateral Service Trade

In 2020, Russia exported services to Ethiopia worth $6.73M, with Other business services ($4.79M), Transportation ($1.9M), and Financial services ($22k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Ethiopia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Russia. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Ethiopia.

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

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