Mexico (MEX) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Mexico-Ethiopia Trade: In 2022, Mexico exported $18.2M to Ethiopia. The main products that Mexico exported to Ethiopia were Medical Instruments ($8.31M), Packaged Medicaments ($2.72M), and Video Displays ($935k). Over the past 5 years the exports of Mexico to Ethiopia have increased at an annualized rate of 12.6%, from $10M in 2017 to $18.2M in 2022.

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

Ethiopia-Mexico Trade: In 2022, Ethiopia exported $703k to Mexico. The main products that Ethiopia exported to Mexico were Knit Babies' Garments ($221k), Knit T-shirts ($137k), and Other Pure Vegetable Oils ($84.8k). Over the past 5 years the exports of Ethiopia to Mexico have decreased at an annualized rate of 23.9%, from $2.75M in 2017 to $703k in 2022.

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

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $18.2M to Ethiopia. The main products exported from Mexico to Ethiopia were Medical Instruments ($8.31M), Packaged Medicaments ($2.72M), and Video Displays ($935k). During the last 5 years the exports of Mexico to Ethiopia have increased at an annualized rate of 12.6%, from $10M in 2017 to $18.2M in 2022.

In 2017, Ethiopia exported $703k to Mexico. The main products exported from Ethiopia to Mexico were Knit Babies' Garments ($221k), Knit T-shirts ($137k), and Other Pure Vegetable Oils ($84.8k). During the last 5 years the exports of Ethiopia to Mexico have decreased at an annualized rate of 23.9%, from $2.75M in 2022 to $703k in 2017.

Exports from Mexico () to Ethiopia () (2022)

Exports from Ethiopia () to Mexico () (2022)

Latest Data

Trade between Mexico () and Ethiopia ()

Mexico Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Mexico than Ethiopia included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Ethiopia than Mexico included Somalia ($265M), Saudi Arabia ($268M), and Djibouti ($86.8M).

Difference in imports from Ethiopia () and Mexico () (2022)

Comparative Advantage Mexico - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Ethiopia in the exports of Instruments ($8.48M), Machines ($4.04M), and Chemical Products ($2.75M).

During 2017, Ethiopia had a large net trade with Mexico in the exports of Textiles ($558k), Animal and Vegetable Bi-Products ($84.8k), and Animal Products ($45.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Ethiopia+$5.77MMedical Instruments

Top Product Potential Ethiopia Mexico+$531kKnit T-shirts

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

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Historical Data

Bilateral Trade by Products

Exports from Mexico () to Ethiopia () (2022)

Exports from Ethiopia () to Mexico () (2022)

Latest Data

Trade between Mexico () and Ethiopia ()

Mexico Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Mexico () (2022)

Comparative Advantage Mexico - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mexico () and Ethiopia () (2022)

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