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Pricing

2022
Flag → Flag
Exports $39.1MRnk 98 / 138
2022
Flag → Flag
Top Product $24.9MWheat
2022
Flag → Flag
Exports $13.7MRnk 36 / 158
2022
Flag → Flag
Top Product $9.96MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Russia-Ethiopia Trade: In 2022, Russia exported $39.1M to Ethiopia. The main products that Russia exported to Ethiopia were Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). Over the past 5 years the exports of Russia to Ethiopia have decreased at an annualized rate of 14.5%, from $85.5M in 2017 to $39.1M in 2022.

In 2020, Russia exported services to Ethiopia worth $6.73M, with Other business services ($4.79M), Transportation ($1.9M), and Financial services ($22k) being the largest in terms of value.

Ethiopia-Russia Trade: In 2022, Ethiopia exported $13.7M to Russia. The main products that Ethiopia exported to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). Over the past 5 years the exports of Ethiopia to Russia have decreased at an annualized rate of 10%,  from $23.2M in 2017 to $13.7M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.22M and imported $1.65M from Ethiopia, resulting in a negative trade balance of $428k. Between January 2021 and January 2022 the exports of Russia have decreased by $-3.66M (-75%) from $4.88M to $1.22M, while imports increased by $539k (48.7%) from $1.11M to $1.65M.

Trade In January 2022, the top exports of Russia to Ethiopia were Hot-Rolled Iron ($4.88M). In January 2022 the top imports of Russia from Ethiopia were Coffee ($634k), Perfume Plants ($130k), Knit T-shirts ($71.2k), Dried Legumes ($62k), and Cut Flowers ($61.6k).

Origins In January 2022 the exports of Russia were mainly from NIZHNY NOVGOROD REGION ($1.1M), VOLOGDA REGION ($111k), PERM TERRITORY ($4.19k), and RYAZAN REGION ($2.24k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($1.34M), MOSCOW REGION ($120k), VLADIMIR REGION ($83.9k), ST. PETERSBURG ($42.9k), and SARATOV REGION ($20.4k).

Growth In January 2022, the decrease in Russia's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in . In January 2022, the increase in Russia's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Dried Legumes ($17.3k or 38.8%), Knit T-shirts ($16.2k or 29.4%), and Knit Sweaters ($13.7k or 254%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-3.66M(-75%)
IMPORT GROWTH (January 2021 - January 2022)$539k(48.7%)
MAIN EXPORTER (January 2022)NIZHNY NOVGOROD REGION$1.1M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Ethiopia and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $39.1M to Ethiopia. The main products exported from Russia to Ethiopia were Wheat ($24.9M), Semi-Finished Iron ($6.97M), and Newsprint ($1.81M). During the last 5 years the exports of Russia to Ethiopia have decreased at an annualized rate of 14.5%, from $85.5M in 2017 to $39.1M in 2022.

In 2017, Ethiopia exported $13.7M to Russia. The main products exported from Ethiopia to Russia were Coffee ($9.96M), Dried Legumes ($2.61M), and Dried Vegetables ($586k). During the last 5 years the exports of Ethiopia to Russia have decreased at an annualized rate of 10%, from $23.2M in 2022 to $13.7M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Russia than Ethiopia included China ($101B), India ($40.4B), and Germany ($27.7B).

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

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

Comparative Advantage Russia - Ethiopia

Flow
Scale

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

During 2022, Russia had a large net trade with Ethiopia in the exports of Vegetable Products ($25.7M), Metals ($8.53M), and Paper Goods ($1.87M).

During 2017, Ethiopia had a large net trade with Russia in the exports of Vegetable Products ($13.6M), Animal Hides ($42.5k), and Plastics and Rubbers ($10.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Ethiopia+$16.1MWheat
Top Product Potential Ethiopia Russia+$13.9MCoffee

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

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

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