2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

United Kingdom-Ethiopia Trade: In 2023, United Kingdom exported $366M to Ethiopia. The main products that United Kingdom exported to Ethiopia were Gas Turbines ($238M), Aircraft parts (gliders, balloons, and powered aircraft) ($14.9M), and Tractors ($14M). Over the past 5 years the exports of United Kingdom to Ethiopia have decreased at an annualized rate of 5.2%, from $478M in 2018 to $366M in 2023.

In 2023, United Kingdom did not export any services to Ethiopia.

Ethiopia-United Kingdom Trade: In 2023, Ethiopia exported $61.6M to United Kingdom. The main products that Ethiopia exported to United Kingdom were Cut Flowers ($25M), Coffee ($16.7M), and Dried Legumes ($3.55M). Over the past 5 years the exports of Ethiopia to United Kingdom have decreased at an annualized rate of 1.85%,  from $80M in 2018 to $61.6M in 2023.

In 2023, Ethiopia did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $366M to Ethiopia. The main products exported from United Kingdom to Ethiopia were Gas Turbines ($238M), Aircraft parts (gliders, balloons, and powered aircraft) ($14.9M), and Tractors ($14M). During the last 5 years the exports of United Kingdom to Ethiopia have decreased at an annualized rate of 5.2%, from $478M in 2018 to $366M in 2023.

In 2018, Ethiopia exported $61.6M to United Kingdom. The main products exported from Ethiopia to United Kingdom were Cut Flowers ($25M), Coffee ($16.7M), and Dried Legumes ($3.55M). During the last 5 years the exports of Ethiopia to United Kingdom have decreased at an annualized rate of 1.85%, from $80M in 2023 to $61.6M in 2018.

Exports from United Kingdom (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from United Kingdom than Ethiopia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Ethiopia than United Kingdom included Somalia ($142M), Djibouti ($155M), and Sudan ($52.8M).

Difference in imports from Ethiopia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Ethiopia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Ethiopia in the exports of Machines ($280M), Transportation ($33.9M), and Foodstuffs ($13.7M).

During 2018, Ethiopia had a large net trade with United Kingdom in the exports of Vegetable Products ($51.8M), Textiles ($5.92M), and Foodstuffs ($1.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Ethiopia+$6.01MCars
Top Product Potential Ethiopia United Kingdom+$25.2MCoffee

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

Product Space of United Kingdom (Flag) and Ethiopia (Flag) (2023)

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