2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

India-Ethiopia Trade: In 2022, India exported $994M to Ethiopia. The main products that India exported to Ethiopia were Packaged Medicaments ($128M), Raw Sugar ($91.3M), and Rice ($72.9M). Over the past 5 years the exports of India to Ethiopia have increased at an annualized rate of 2.01%, from $900M in 2017 to $994M in 2022.

In 2022, India did not export any services to Ethiopia.

Ethiopia-India Trade: In 2022, Ethiopia exported $87.1M to India. The main products that Ethiopia exported to India were Dried Legumes ($24.8M), Soybeans ($21.6M), and Oil Seed Flower ($13.3M). Over the past 5 years the exports of Ethiopia to India have increased at an annualized rate of 12.4%,  from $48.6M in 2017 to $87.1M in 2022.

In 2022, Ethiopia did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $994M to Ethiopia. The main products exported from India to Ethiopia were Packaged Medicaments ($128M), Raw Sugar ($91.3M), and Rice ($72.9M). During the last 5 years the exports of India to Ethiopia have increased at an annualized rate of 2.01%, from $900M in 2017 to $994M in 2022.

In 2017, Ethiopia exported $87.1M to India. The main products exported from Ethiopia to India were Dried Legumes ($24.8M), Soybeans ($21.6M), and Oil Seed Flower ($13.3M). During the last 5 years the exports of Ethiopia to India have increased at an annualized rate of 12.4%, from $48.6M in 2022 to $87.1M in 2017.

Exports from India (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from India than Ethiopia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Ethiopia than from India.

Difference in imports from Ethiopia (Flag) and India (Flag) (2022)

Comparative Advantage India - Ethiopia

Flow
Scale

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

During 2022, India had a large net trade with Ethiopia in the exports of Chemical Products ($228M), Vegetable Products ($167M), and Transportation ($113M).

During 2017, Ethiopia had a large net trade with India in the exports of Vegetable Products ($63.8M), Machines ($5.12M), and Foodstuffs ($4.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Ethiopia+$36.8MPackaged Medicaments
Top Product Potential Ethiopia India+$20.7MDried Legumes

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

Product Space of India (Flag) and Ethiopia (Flag) (2022)

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