Hong Kong (HKG) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Hong Kong-Ethiopia Trade: In 2023, Hong Kong exported $88.7M to Ethiopia. The main products that Hong Kong exported to Ethiopia were Gas Turbines ($60.6M), Coated Flat-Rolled Iron ($6.99M), and Computers ($5.48M). Over the past 5 years the exports of Hong Kong to Ethiopia have increased at an annualized rate of 9.81%, from $55.6M in 2018 to $88.7M in 2023.

In 2023, Hong Kong did not export any services to Ethiopia.

Ethiopia-Hong Kong Trade: In 2023, Ethiopia exported $44.2M to Hong Kong. The main products that Ethiopia exported to Hong Kong were Gas Turbines ($28.7M), Coffee ($2.67M), and Dried Legumes ($2.13M). Over the past 5 years the exports of Ethiopia to Hong Kong have increased at an annualized rate of 19.9%, from $17.8M in 2018 to $44.2M in 2023.

In 2023, Ethiopia did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $88.7M to Ethiopia. The main products exported from Hong Kong to Ethiopia were Gas Turbines ($60.6M), Coated Flat-Rolled Iron ($6.99M), and Computers ($5.48M). During the last 5 years the exports of Hong Kong to Ethiopia have increased at an annualized rate of 9.81%, from $55.6M in 2018 to $88.7M in 2023.

In 2018, Ethiopia exported $44.2M to Hong Kong. The main products exported from Ethiopia to Hong Kong were Gas Turbines ($28.7M), Coffee ($2.67M), and Dried Legumes ($2.13M). During the last 5 years the exports of Ethiopia to Hong Kong have increased at an annualized rate of 19.9%, from $17.8M in 2023 to $44.2M in 2018.

Exports from Hong Kong () to Ethiopia () (2023)

Exports from Ethiopia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Ethiopia ()

Hong Kong Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Hong Kong than Ethiopia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

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

Difference in imports from Ethiopia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Ethiopia in the exports of Machines ($68.1M), Metals ($7.54M), and Textiles ($4.77M).

During 2018, Ethiopia had a large net trade with Hong Kong in the exports of Machines ($29M), Vegetable Products ($5.75M), and Mineral Products ($3.75M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Ethiopia+$13.1MTelephones

Top Product Potential Ethiopia Hong Kong+$7.1MGas Turbines

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Ethiopia () (2023)

Exports from Ethiopia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Ethiopia ()

Hong Kong Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Ethiopia () (2023)

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