Greece (GRC) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Greece-Ethiopia Trade: In 2023, Greece exported $9.82M to Ethiopia. The main products that Greece exported to Ethiopia were Refined Petroleum ($2.89M), Packaged Medicaments ($2.17M), and Liquid Pumps ($607k). Over the past 5 years the exports of Greece to Ethiopia have increased at an annualized rate of 5.11%, from $7.66M in 2018 to $9.82M in 2023.

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

Ethiopia-Greece Trade: In 2023, Ethiopia exported $9.25M to Greece. The main products that Ethiopia exported to Greece were Coffee ($4.87M), Other Oily Seeds ($3.32M), and Insect Resins ($613k). Over the past 5 years the exports of Ethiopia to Greece have decreased at an annualized rate of 1.24%, from $9.85M in 2018 to $9.25M in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $9.82M to Ethiopia. The main products exported from Greece to Ethiopia were Refined Petroleum ($2.89M), Packaged Medicaments ($2.17M), and Liquid Pumps ($607k). During the last 5 years the exports of Greece to Ethiopia have increased at an annualized rate of 5.11%, from $7.66M in 2018 to $9.82M in 2023.

In 2018, Ethiopia exported $9.25M to Greece. The main products exported from Ethiopia to Greece were Coffee ($4.87M), Other Oily Seeds ($3.32M), and Insect Resins ($613k). During the last 5 years the exports of Ethiopia to Greece have decreased at an annualized rate of 1.24%, from $9.85M in 2023 to $9.25M in 2018.

Exports from Greece () to Ethiopia () (2023)

Exports from Ethiopia () to Greece () (2023)

Latest Data

Trade between Greece () and Ethiopia ()

Greece Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Greece than Ethiopia included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

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

Difference in imports from Ethiopia () and Greece () (2023)

Comparative Advantage Greece - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Ethiopia in the exports of Mineral Products ($2.89M), Chemical Products ($2.61M), and Machines ($1.94M).

During 2018, Ethiopia had a large net trade with Greece in the exports of Vegetable Products ($8.97M), Animal and Vegetable Bi-Products ($143k), and Chemical Products ($90.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Ethiopia+$5.71MRefined Petroleum

Top Product Potential Ethiopia Greece+$5.91MCoffee

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Ethiopia () (2023)

Exports from Ethiopia () to Greece () (2023)

Latest Data

Trade between Greece () and Ethiopia ()

Greece Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Greece () (2023)

Comparative Advantage Greece - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Ethiopia () (2023)

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