2023
Flag  
GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Indonesia-Ethiopia Trade: In 2023, Indonesia exported $321M to Ethiopia. The main products that Indonesia exported to Ethiopia were Palm Oil ($93.1M), Soap ($57.3M), and Cars ($18.9M). Over the past 5 years the exports of Indonesia to Ethiopia have increased at an annualized rate of 5.22%, from $249M in 2018 to $321M in 2023.

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

Ethiopia-Indonesia Trade: In 2023, Ethiopia exported $39.8M to Indonesia. The main products that Ethiopia exported to Indonesia were Dried Legumes ($33.1M), Sheep Hides ($4.77M), and Tanned Sheep Hides ($974k). Over the past 5 years the exports of Ethiopia to Indonesia have decreased at an annualized rate of 5.44%,  from $52.6M in 2018 to $39.8M in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $321M to Ethiopia. The main products exported from Indonesia to Ethiopia were Palm Oil ($93.1M), Soap ($57.3M), and Cars ($18.9M). During the last 5 years the exports of Indonesia to Ethiopia have increased at an annualized rate of 5.22%, from $249M in 2018 to $321M in 2023.

In 2018, Ethiopia exported $39.8M to Indonesia. The main products exported from Ethiopia to Indonesia were Dried Legumes ($33.1M), Sheep Hides ($4.77M), and Tanned Sheep Hides ($974k). During the last 5 years the exports of Ethiopia to Indonesia have decreased at an annualized rate of 5.44%, from $52.6M in 2023 to $39.8M in 2018.

Exports from Indonesia (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Indonesia (Flag) (2023)

Latest Data

Trade between Indonesia (Flag) and Ethiopia (Flag)

Indonesia Exports

Ethiopia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$70.7B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Indonesia than Ethiopia included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Ethiopia than Indonesia included Somalia ($142M), South Sudan ($2.6M), and Lesotho ($50.7k).

Difference in imports from Ethiopia (Flag) and Indonesia (Flag) (2023)

Comparative Advantage Indonesia - Ethiopia

Flow
Scale

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

During 2023, Indonesia had a large net trade with Ethiopia in the exports of Animal and Vegetable Bi-Products ($122M), Chemical Products ($72.4M), and Paper Goods ($57.8M).

During 2018, Ethiopia had a large net trade with Indonesia in the exports of Vegetable Products ($33.7M), Animal Hides ($5.85M), and Chemical Products ($110k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Ethiopia+$32.6MPalm Oil
Top Product Potential Ethiopia Indonesia+$913kOther Oily Seeds

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

Product Space of Indonesia (Flag) and Ethiopia (Flag) (2023)

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