2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Ethiopia-Saudi Arabia Trade: In 2023, Ethiopia exported $304M to Saudi Arabia. The main products that Ethiopia exported to Saudi Arabia were Coffee ($233M), Cut Flowers ($25.3M), and Bovine Meat ($20.2M). Over the past 5 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 9.39%, from $194M in 2018 to $304M in 2023.

In 2023, Ethiopia did not export any services to Saudi Arabia.

Saudi Arabia-Ethiopia Trade: In 2023, Saudi Arabia exported $1.13B to Ethiopia. The main products that Saudi Arabia exported to Ethiopia were Refined Petroleum ($938M), Propylene Polymers ($82.8M), and Ethylene Polymers ($47.7M). Over the past 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 38.5%,  from $221M in 2018 to $1.13B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ethiopia exported $304M to Saudi Arabia. The main products exported from Ethiopia to Saudi Arabia were Coffee ($233M), Cut Flowers ($25.3M), and Bovine Meat ($20.2M). During the last 5 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 9.39%, from $194M in 2018 to $304M in 2023.

In 2018, Saudi Arabia exported $1.13B to Ethiopia. The main products exported from Saudi Arabia to Ethiopia were Refined Petroleum ($938M), Propylene Polymers ($82.8M), and Ethylene Polymers ($47.7M). During the last 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 38.5%, from $221M in 2023 to $1.13B in 2018.

Exports from Ethiopia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Ethiopia (Flag) (2023)

Latest Data

Trade between Ethiopia (Flag) and Saudi Arabia (Flag)

Ethiopia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Ethiopia than Saudi Arabia included Somalia ($142M), Israel ($94.3M), and Iran ($1.32M).

In 2023, countries that imported more from Saudi Arabia than Ethiopia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Ethiopia (Flag) (2023)

Comparative Advantage Ethiopia - Saudi Arabia

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($269M), Animal Products ($32.9M), and Transportation ($863k).

During 2018, Saudi Arabia had a large net trade with Ethiopia in the exports of Mineral Products ($939M), Plastics and Rubbers ($149M), and Chemical Products ($13.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Saudi Arabia+$2.8MCut Flowers
Top Product Potential Saudi Arabia Ethiopia+$33.9MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Ethiopia (Flag) and Saudi Arabia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with