2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Iran-Ethiopia Trade: In 2023, Iran exported $1.64M to Ethiopia. The main products that Iran exported to Ethiopia were Petroleum Coke ($1.26M), Asphalt Mixtures ($218k), and Sauces and Seasonings ($48.6k). Over the past 5 years the exports of Iran to Ethiopia have decreased at an annualized rate of 32.9%, from $12.1M in 2018 to $1.64M in 2023.

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

Ethiopia-Iran Trade: In 2023, Ethiopia exported $1.32M to Iran. The main products that Ethiopia exported to Iran were Dried Legumes ($983k), Coffee ($304k), and Spices ($24.7k). Over the past 5 years the exports of Ethiopia to Iran have decreased at an annualized rate of 40%,  from $16.9M in 2018 to $1.32M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $1.64M to Ethiopia. The main products exported from Iran to Ethiopia were Petroleum Coke ($1.26M), Asphalt Mixtures ($218k), and Sauces and Seasonings ($48.6k). During the last 5 years the exports of Iran to Ethiopia have decreased at an annualized rate of 32.9%, from $12.1M in 2018 to $1.64M in 2023.

In 2018, Ethiopia exported $1.32M to Iran. The main products exported from Ethiopia to Iran were Dried Legumes ($983k), Coffee ($304k), and Spices ($24.7k). During the last 5 years the exports of Ethiopia to Iran have decreased at an annualized rate of 40%, from $16.9M in 2023 to $1.32M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Iran than Ethiopia included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Ethiopia than Iran included United States ($487M), Saudi Arabia ($304M), and Netherlands ($207M).

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

Comparative Advantage Iran - Ethiopia

Flow
Scale

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

During 2023, Iran had a large net trade with Ethiopia in the exports of Mineral Products ($1.47M), Foodstuffs ($95.9k), and Vegetable Products ($43.9k).

During 2018, Ethiopia had a large net trade with Iran in the exports of Vegetable Products ($1.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Ethiopia+$349kPetroleum Coke
Top Product Potential Ethiopia Iran+$2.08MDried 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 Iran and Ethiopia. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Iran.

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

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